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.