Dr Abul Barakat's bail upheld in Tk 297cr embezzlement case

Published at : 21 May 2026, 03:01 pm
Dr Abul Barakat's bail upheld in Tk 297cr embezzlement case
Dr Abul Barakat at the court premises in Dhaka. PHOTO: COLLECTED

The Appeallate Division of the Supreme Court has upheld the bail of former chairman of Janata Bank Limited Dr Abul Barakat in a case filed over the allegations of embezzling Tk 297 crore.

The Appeallate Division led by Chief Justice Zubayer Rahman Chowdhury rejected a petition of the deputy commissioner of Dhaka against the High Court order granting bail to Dr Barakat. 

Senior lawyer Mustafizur Rahman Khan appeared in favour of the petition.

On February 20 last year, the Anti-Corruption Commission (ACC) filed a case against 23 people in Dr Barakat for their alleged involvement in embezzling Tk 297 crore through AnonTex Group. Abul Barakat was arrested at night on July 11, 2025 in the case.

In its case, the ACC has claimed that former Bangladesh Bank governor Atiur Rahman and former Janata Bank Limited chairman Abul Barakat, in connivance with each other, provided loans amounting to Tk 297 crore to 22 fake companies of AnonTex Group through forgery.

Atiur Rahman and his associates embezzled the money through various unethical means, the ACC also mentioned in the case.

Being failed at the lower court, Abul Barakat subsequently submitted his bail prayer to the High Court. After the High Court granted him bail, the Dhaka's deputy commissioner filed an appeal against the bail which was rejected on Wednesday (May 21).

Dr Abul Barakat was chairman of the Department of Economics of Dhaka University and president of Bangladesh Economic Association.

END/ASA

PM reaches Washington DC from New York

Published at : 24 September 2023, 02:30 pm
PM reaches Washington DC from New York
File photo

Prime Minister Sheikh Hasina arrived in Washington DC, the USA capital city, this afternoon after joining the 78th United Nations General Assembly (UNGA) session and other high-level side and bilateral events in New York.

 

She reached Washington DC from New York by road at 6pm.

On her arrival in Washington DC, Bangladesh Ambassador to the USA Muhammad Imran received the premier with a flower bouquet, reports BSS.

Earlier, she left her Place of Residence, Lotte New York for Washington DC at 12:30pm.

She arrived in New York on September 17.

The prime minister will leave Washington DC for London, the capital city of the United Kingdom, on September 29.

She will stay in London till October 3.

After wrapping up her visit, the prime minister will leave London for home and scheduled to reach Dhaka on October 4.

 

Bangladesh-US Ticfa meeting begins in Dhaka

Published at : 20 September 2023, 02:41 pm
Bangladesh-US Ticfa meeting begins in Dhaka

Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police.

Deal to ease trade in taka-rupee to be signed as Hasina

Published at : 08 September 2023, 01:43 am
Deal to ease trade in taka-rupee to be signed as Hasina

"An MoU will be signed between the National Payments Corporation of India and the Bangladesh Bank to make transactions in rupees and taka between Bangladesh and India easier," said the foreign minister in a press conference at the Foreign Service Academy in the capital on Thursday.

Besides, the neighbouring countries are likely to sign two more memorandums of understanding regarding cooperation in agricultural researches, and extension of the existing cultural exchange programme for two years, said the foreign minister.

Fair Technology launches car exchange programme

Published at : 07 September 2023, 02:29 pm
Fair Technology launches car exchange programme

Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police.