The High Court (HC) on Thursday issued a rule asking the authorities concerned why directives should not be given to appoint receivers to oversee Beximco Group, owned by former Prime Minister Sheikh Hasina’s Private Investment Affairs Adviser Salman F Rahman, after confiscating its properties.
An HC bench of Justice AKM Asaduzzaman and Justice Muhammad Mahbub-ul-Islam passed the order after hearing a writ petition submitted by Supreme Court (SC) senior lawyer Masud R Sobhan.
In the rule, the court wanted to know why directives won’t be given to provide information about all organizations including Beximco Pharmaceuticals owned by the group.
Moreover, the HC wanted to know why directives won’t be placed to provide information to Bangladesh Bank on how much loan the group has defaulted on, to appoint receivers to oversee the group’s properties after confiscating these, and to bring back the group’s laundered money.
The Bangladesh Bank governor, the finance secretary and Salman F Rahman were asked to reply to the rule within four weeks.
Representing the petitioner, lawyer Masued stood for himself while Deputy Attorney General Redwan Ahmed and Assistant Attorney General Muzahid Islam Shaheen stood for the state.