Chattogram, Nov 5 (UNB) – A court here on Monday issued a warrant for the arrest of Yakub Ali, owner of Yakub Group of Industries, in a cheque dishonor case.
Chattogram Metropolitan Magistrate Shafi Uddin passed the order following a hearing on a petition, said Advocate AM Zia Habib, a counsel of the plaintiff.
According to the prosecution, Yakub Ali took Tk 1.15 crore from business Biswajit Dey as loan for business purpose. Later, he gave a cheque to pay his loan.
When the plaintiff failed to withdraw the money through the cheque, he served a notice giving 30-day time.
As Yakub failed to pay the money Biswajit Dey, managing director of Dibbya International Limiter, filed the case on October 15 and the court summoned Yakub to appear before the court on November 5.