The High Court (HC) on Tuesday upheld the bail of Rashedul Haque Chisty, the son of former chairman of Farmers Bank audit committee Mahbubul Haque Chisty, in a money laundering case.

A Dhaka Court on Sunday sent Regent Hospital chairman Mohammad Shahed to jail in a case filed for misappropriating Tk 2.71 crore from Farmers Bank.

The Anti- Corruption Commission (ACC) on Monday filed a case against four people including chairman of Regent Hospital Mohammad Shahed for misappropriating Tk 2.71 crore from Farmers Bank.

Anti-Corruption Commission (ACC) on Tuesday filed a case against six people including Mahbubul Haq Chisty, former chairman of audit committee of Farmers Bank (currntly Padma Bank).

The Chamber Judge of Appellate Division on Tuesday felt embarrassed to hear bail petition of Rashedul Haque Chisty, son of former chairman of Farmers Bank’s audit committee Mahbubul Haque Chishty, in a money laundering case.

Some recent scams in the banking sector has sown distrust and fuelled confusion among clients about getting their full money back when a bank collapses or goes bankrupt.