A Chattogram court on Sunday placed Chairman of Regent Group Md Shahed alias Shahed Karim on a four-day remand in a case filed over embezzling Tk91 lakh.
Chattogram Metropolitan Magistrate court judge Shafi Uddin passed the order when police produced him before the court seeking a 10-day remand.
He was taken to Chattogram Central Jail on Saturday afternoon.
Mega Motors- a Chattogram-based importer of motor parts - filed the case at Double Mooring Police Station in the city on July 13.
According to the case statement, Shahed misappropriated Tk 91.25 lakh from Mega Motors through deception.
On Sept 28, a Dhaka court sentenced him to life imprisonment in an arms case.
Rab arrested Shahed from the bordering area of Satkhira on July 15. They also recovered a pistol, some bullets and foreign currencies from his possession.
The Regent Group head office and both hospitals were sealed off and 16 people, including Shahed, were sued on charge of issuing fake coronavirus test reports.