Morshed Khan gets bail

PV Report : Former minister and BNP leader Morshed Khan has secured anticipatory bail from the High Court in a graft case that involves the embezzlement of Tk 3.5 billion in loans.

The Anti-Corruption Commission or ACC started the case over loans taken from eight banks and financial institutions for Citycell, now shuttered by telecom regulator BTRC.

The ACC accused 16 people, including Khan’s wife Nasrin, Citycell CEO Mehboob Chowdhury and AB Bank’s Managing Director Moshiur Rahman Chowdhury, in the case filed with Dhaka’s Banani police on Jun 28.

On Tuesday, a High Court bench granted Khan, the chairman of Pacific Bangladesh Telecom, his wife (a director), and 11 others four-week bail after hearing their petitions.