Bashundhara chairman gets bail
The High Court yesterday granted bail to detained Bashundhara Group Chairman Ahmed Akbar Sobhan Shah Alam in two separate cases in which he was earlier sentenced to a total of 10 years in jail.
The bench of Justice Md Shamsul Huda and Justice Abu Bakar Siddiquee passed the orders after hearing two separate appeals filed by him recently against the lower court verdicts.
Shah Alam recently filed the appeals through his lawyers with the HC against the trial court judgments that sentenced him to 10 years' imprisonment in the cases which were filed on charges of evading tax and keeping illegal currency.
His lawyer Anisul Huq told The Daily Star that there is no bar to his client's release from jail following the HC orders.
On July 7, 2007, a Dhaka court sentenced the Bashundhara Group chief, his wife and three sons to two years' rigorous imprisonment for illegally keeping local and foreign currencies amounting to Tk 23 lakh at their residence.
An anti-graft tribunal on September 30, 2007 handed down eight years in jail to Shah Alam in the case filed by National Board of Revenue.
Shah Alam was sent to jail on March 20 this year after he surrendered before a Dhaka court in connection with the cases.
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