A Dhaka court on Sunday (October 8, 2023) sentenced disgraced director of International Leasing and Finance Service Ltd (ILFSL) Proshanto Kumar Halder, also known as PK Halder to 22 years’ of imprisonment in a case over amassing wealth and money laundering. Thirteen other accused in the case were sentenced to seven years’ imprisonment each. Judge of Dhaka Special Judge Court-10 Mohammad Nazrul Islam delivered the judgment. The 13 convicts included Sukumar Mridha, Anindita Mridha, Avantika Baral, Shankh Bepari, PK Halder's mother Lilavati Halder, Purnima Rani Halder, Uttam Kumar Mistri, Amitabh Adhikari, Pritish Kumar Halder, Rajib Som, Subrata Das, Anang Mohan Roy and Swapan Kumar Mistri. Read: Court fixes October 8 to deliver verdict in graft case against PK Halder, 13 others Of them, Sukumar Mridha, Anindita Mridha, Avantika Baral and Shankh Bepari were present on the dock during the delivery of the judgment. Earlier on October 4, the court set October 8 for delivering verdict upon ending arguments from the both the Anti-Corruption Commission (ACC) and the defendants. Mamunur Rashid Chowdhury, assistant director of Dhaka Integrated District Office of the ACC, filed the case against PK Haldar for acquiring around Tk 275 crore illegally on January 8, 2020. According to the case statement, PK Halder acquired wealth worth almost Tk 275 crore beyond known sources of income through illegal activities and kept them in his possession. Read: India to hand over PK Halder to Bangladesh? The ACC investigated the case and submitted a charge sheet to the court. In the charge sheet, the anti-graft watchdog accused Halder of laundering CAD 1.17 crore to Canada through illegal means. A Dhaka court framed charges against the accused on September 8, 2021. On May 13 this year, India's federal economic offences police arrested PK Halder and his two associates from the eastern state of West Bengal. He is now in an Indian jail. Read more:Trial of graft case against PK Halder begins

A Chattogram-based businessman on Sunday filed Tk 930 crore compensation lawsuit against Proshanto Kumar Halder, the disgraced director of International Leasing and Finance Service Ltd (ILFSL). The case was filed at the court of the First Joint District and Sessions Court Judge Khairul Amin in Chattogram. Also read: HC summons PK Halder, 128 loan defaulters After a hearing, the court has issued summons for Halder and four other accused – Ratan Kumar Bishwas, Ujjal Kumar Nandi, Md Jahangir Alam and Siddikur Rahman. Plaintiff’s lawyer Rasel Sarkar said the accused have embezzled Md Alim Chowdhury’s money instead of handing over shares of Radisson Blu Hotel in Cox’s Bazar. Also read: PK Halder swindle: ACC files 5 cases against 33 Previously, Alim had filed another case against PK Halder, the lawyer said. On behalf of Alim, head of Crystal Group, Shoayeb Ur Rashid has filed the case. PK Halder is accused in cases of illegal wealth accumulation and money laundering. He is currently on the run.

The High Court (HC) on Wednesday summoned 129 loan defaulters, including Proshanta Kumar Halder, the disgraced director of International Leasing and Finance Service Ltd (ILFSL), to explain how they would refund the borrowed money. They have been asked to appear before the court on May 24, 25 with plans so that they can pay the money in installments within a reasonable time. The bench of Justice Muhammad Khurshid Alam Sarkar passed the order on March 16. Written copy of the order was presented in the HC on Wednesday. Also read: HC seeks list of loan defaulters & money launderers Lawyer of ILFSL advocate Mahfuzur Rahman said the 129 loan defaulters, including PK Halder, have to pay ILFSC approximately Tk 1,800 crore. Among the loan defaulters, 100 were asked to appear on May 24 and 29 on the next day, he said. On January 21, the HC summoned another 280 loan defaulters to appear before it on February 23 and February 25. Among the defaulters, 158 appeared before the court. Also read: PK Halder swindle: ACC files 5 cases against 33 The HC asked them to pay the money or face jail. The court also imposed restrictions on foreign visit of 122 loan defaulters as they failed to appear before the court on March 9. Halder reportedly amassed Tk 3,600 crore and laundered the money abroad while performing his duties as director at ILFSL. Also read: Why PK Halder’s accomplices are still not arrested, asks HC On January 8, the Anti-Corruption Commission filed a case against Halder for acquiring wealth of approximately Tk 275 crore beyond any known income sources and money laundering.

The High Court (HC) on Monday asked the Anti-Corruption Commission (ACC) why PK Halder’s accomplices – former Bangladesh Bank deputy governor SK Sur Chowdhury and executive Shah Alam – were yet to be arrested in a money laundering case.

The High Court on Monday inquired how Proshanto Kumar Halder fled the country although his passport had been seized.

The High Court (HC) on Wednesday directed the authorities concerned to arrest Proshanto Kumar Halder, disgraced director of International Leasing and Finance Service Ltd (ILFSL), as soon as he returns to the country.

Proshanto Kumar Halder, disgraced director of International Leasing and Finance Service Ltd (ILFSL), on Monday filed an appeal with the High Court (HC) seeking permission for his safe return to the country.