Fraud Case
Destiny Group chairman granted bail
A Dhaka court yesterday granted bail to three persons, including Destiny-2000 Ltd Chairman and Boishakhi Media Ltd Managing Director Rafiqul Amin, in connection with a fraud case.
The two others accused are Irfan Ahmed Sunny and Sayed Sajjad Hossain, two directors of Boishakhi Media, a concern of Destiny Group.
Metropolitan Magistrate Mohammad Saifur Rahman granted the bail upon a bond of Tk 10,000 with two guarantors after the trio surrendered before the court seeking bail.
On May 14, MNH Bulu, chairman of BNS Group of Companies, filed the fraud case for not returning shares of Boishakhi Television to him.
Following the case hearing, the same court issued arrest warrants against the trio on the same day.
In the complaint, Bulu alleged that he entered into an agreement with Boishakhi Media and bought shares worth Tk 64,000.
He also gave Tk 3 crore to Boishakhi Ltd as loan with a condition that the company must repay the money by November 30, 2008, but the company has yet to pay off the debt.
Later, the complainant came to know that his shares were transferred to another shareholder, Saiful Alam, without his knowledge.
Bulu also found out on October 1, 2009 that the accused submitted an annual report to the Registrar of Joint Stock Companies and Firms making a false claim that the complainant had transferred all his shares to Destiny-2000 Ltd on September 29 of 2009.
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