Court Restricts Foreign Travel of Multi Securities CEO Hasan Imam and Two Others Over Illegal Wealth Allegations
A
Dhaka court has barred the CEO of Multi Securities Limited and two associates
from leaving the country amid an ongoing investigation into allegations of
illegally amassed wealth.
On
Tuesday, April 8, the court of Metropolitan Senior Special Judge Zakir Hossain
Galib issued the order following a petition by the Anti-Corruption Commission
(ACC). The application for a travel ban was submitted by ACC Deputy Director
Afia Khatun. The commission’s spokesperson, Akhtarul Islam, confirmed the
development.
According
to the ACC's petition, the three individuals are under investigation for
embezzling hundreds of crores of taka from investors and acquiring illicit
assets under their own and proxy names. Citing credible sources, the ACC
expressed concern that the accused may flee the country to avoid legal
proceedings, prompting the need for travel restrictions to ensure an unhindered
investigation.