Brac Bank Ltd on Monday filed a petition with the High Court seeking a stay on its previous order asking the bank to provide Tk 15 lakh as compensation to Jaha Alam.
Anisul Hasan, a lawyer of Brac Bank, filed the petition and said it would likely be placed before the Chamber Judge.
Alam languished in jail for three years instead of the real accused in a case filed by the Anti-Corruption Commission (ACC) for misappropriating Sonali Bank money.
On Sept 30, the High Court asked BRAC Bank to give Tk 15 lakh to Jaha Alam as compensation within a month.
Two officials of the bank were blamed for the incident.
The court also asked the ACC to be vigilant so that such mistakes do not happen in the future as people have a lot of expectations from the ACC, said the ACC lawyer.
On February 12, the court kept the matter as a case awaiting verdict (CAV) completing hearing on the rule asking the government to explain why directives should not be given to provide compensation to Jaha Alam in the loan default case filed by ACC.
Hailing from Tangail, Jaha Alam languished in jail for years in 33 cases instead of real culprit Abu Salek involving embezzlement of Tk 18 crore from Sonali Bank.
The HC took cognizance of the matter following a newspaper report that an innocent man was suffering. It passed a suo moto order following the newspaper report.
Jaha Alam was released on bail granted by the apex court on February 3 this year.
Also read: Pay Jaha Alam TK 15 lakh: HC asks BRAC Bank