Unipay2u Scam: Convicted accused Arshad denied bail

The High Court yesterday refused to grant bail to a former employee of Unipay2u Bangladesh Limited in a money laundering case in which he was sentenced to 12 years' jail.

The HC, however, set January 14 for hearing an appeal filed by HM Arshad Ullah, director of Uniland Ltd and the employee in question, challenging the trial court verdict.

The HC bench of Justice Md Nazrul Islam Talukder and Justice Ahmed Sohel came up with the order. DAG AKM Amin Uddin Manik said a Dhaka court on January 23, 2019 sentenced Arshad and five officials of unipay2u, including its chairman and manager, to 12 years' rigorous imprisonment each in a case filed for laundering around Tk 1,351 crore through a multi-level marketing sham.