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Dhaka: The High Court has stayed the proceedings in a fraud and embezzlement case filed against the chairman of City Group and four others. As a result, all proceedings in the case, including the arrest warrants issued against them, will remain suspended until further orders.
The order was passed on Sunday by a High Court bench comprising Justice K.M. Zahid Sarwar Kajal and Justice Sheikh Abu Taher.
Senior Advocate Mohammad Shishir Monir represented City Group during the hearing.
Earlier, on July 7, Dhaka Metropolitan Magistrate Israt Jahan issued arrest warrants against City Group Managing Director (MD) Md. Hasan and four others in connection with allegations of fraudulently misappropriating BDT 53.46 million (Tk 5 crore 34 lakh 58 thousand 283) in unpaid advertising bills owed to Somoy Television. Following the High Court’s latest order, the arrest warrants and all related proceedings have been stayed.
According to the case documents, the complaint was filed by Ahmed Zobayer, a former director of Somoy Television, before the Chief Metropolitan Magistrate (CMM) Court in Dhaka. The arrest warrants were issued after the accused failed to appear before the court on the scheduled hearing date.
The other accused are: Shampa Rahman, former Managing Director of Somoy Television; Morshedul Islam, former Director; Md. Ahsanul Islam, former Head of Marketing; and Ayesha Siddika, former Senior Manager (Marketing).
During the hearing in the lower court, the defense sought dismissal of the case. However, the trial court rejected the application and ordered the issuance of arrest warrants. The accused subsequently challenged the order before the High Court, which has now stayed the proceedings.
