The Appellate Division of the Supreme Court on Monday upheld the High Court order granting bail to ex-NSU trustee board member MA Kashem in a graft case.
A five-member bench of the Appellate Division led by Chief Justice Hasan Foyez Siddiqui passed the order rejecting the Anti-Corruption Commission's (ACC) plea to cancel his bail.
With this order, now there is no bar for MA Kashem to walk out of the jail, said ACC lawyer Advocate Khurshid Alam Khan.
Read more: HC order granting bail to ex-NSU trustee MA Kashem stayed by SC
Advocates Murad Reza, Shah Manjurul Haque and Barrister Syed Ahmed Raza appeared for the accused at the court.
On November 13, Chamber Judge of the Appellate Division stayed the HC order granting bail to MA Kashem and upheld that of another ex-trustee Rehana Rahman in the case.
The High Court (HC) on November 10 granted conditional bail to Kashem and Rehana in the case.
They were granted bail on condition that they will not leave the country and enter the the NSU campus without permission.
In August, the HC issued a rule seeking explanation as to why the two NSU trustee board members should not be granted bail in this case.
On May 22, the court ordered Shahbagh police to arrest four ex-NSU trustees after rejecting their anticipatory bail pleas in the case.
The two other accused trustees are- Benazir Ahmed and Muhammad Shahjahan.
On May 5, the ACC sued the chairman of the board of trustees of North South University (NSU) Azim Uddin Ahmed and five others for embezzling Tk 303.82 crore in the name of buying land for the campus.
Read more: HC grants conditional bail to 2 ex-NSU trustees
Another accused is- Managing director of Ashalaya Housing and Developers Limited Amin Mohamed Hilali.
ACC's Deputy Director Farid Ahmed Patwar filed the case.
The case states that over 9088 decimal land was bought in the name of permanent campus development of NSU with the consent of some members of the Board of Trustees bypassing the approval of the University Syndicate, University Grants Commission and the Ministry of Education.
They later withdrew cash from the buyer through cash checks in their own names and kept FDR in their own names.
They unjustly benefited themselves by committing illegal activities through misuse of power and embezzling university and government funds, according to the case.
In carrying out such illegal activities, they committed a punishable offence by resorting to fraud and forgery and exchanging commissions.