Judge of the Dhaka Senior Special Judge Court KM Imrul Kayes passed the order after hearing a bail petition and fixed October 2 for submission of the investigation report before it in the case.
Ehsanul Haque Samaji moved in favour of the bail plea while ACC lawyer Mosharraf Hossain Kajal opposed it.
Mizan was previously denied bail on July 31.
On July, 16 ACC director Sheikh Mohammad Fanafillah filed the case against suspended DIG Mizanur Rahman and ACC director Khandaker Enamul Basir with Dhaka-1 coordinated district office over the Tk 40 lakh bribery scandal.
A private TV channel had reported that Mizan gave Tk 40 lakh to Basir to get clean chit in a corruption case.
DIG Mizan was an additional commissioner of Dhaka Metropolitan Police (DMP). He was withdrawn on January 9 last year following the allegation of threatening a female news presenter of a private television channel.
He had also reportedly married a woman forcibly and tortured her. Mizan allegedly picked the 25-year-old woman up in July, 2017 and then forcibly married her.
He had also implicated her in a false case whereby she was arrested and remained in jail for three weeks.
The ACC on June 24 last filed another case against four people, including Mizan, for amassing illegal wealth and concealing information.
According to the case statement, the ACC found that he accumulated wealth worth Tk 3.28 crore while he concealed information of wealth worth Tk 3.7 crore in his wealth statement.