Travel Ban Imposed on CEO Hasan Imam of Multi Securities and Two Others
Due
to allegations of acquiring illegal wealth, the court has imposed a travel ban
on the CEO of Multi Securities and two others.
On
Tuesday, April 8, following a petition by the Anti-Corruption Commission (ACC),
Dhaka Metropolitan Senior Special Judge Zakir Hossain Galib issued the order
after a hearing. On behalf of the ACC, its Deputy Director Afia Khatun
submitted the application seeking a travel ban. The information was confirmed
by the ACC’s Public Relations Officer, Akhtarul Islam.
According
to the petition, an ongoing investigation is being conducted against the CEO of
Multi Securities Limited and two others over allegations of embezzling hundreds
of crores of taka from investors and amassing illegal wealth in their own names
and through proxies. Based on credible sources, there is a risk that the
accused may flee the country. It was argued that, in the interest of a fair
investigation, their departure from the country should be prohibited.