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 on Thursday summoned 280 loan defaulters from non-banking financial institution People’s Leasing and Financial Services.

International Criminal Police Organization (Interpol) on Friday issued a red notice against Proshanta Kumar Halder – the man who left the country after reportedly amassing at least Tk3,600 crore.

Police has asked Interpol to issue a red alert against Proshanta Kumar Halder – the man who left the country after reportedly amassing at least Tk3,600 crore.

The High Court on Tuesday issued a travel ban against 25 alleged accomplices of PK Halder, the fugitive ex-financier who swindled over Tk 10,000 crore and run a spate of NBFIs into the ground,  over a money laundering case filed by Anti-Corruption Commission (ACC).

All the corrupt figures and money launderers including Proshanta Kumar Halder must be brought to justice no matter how influential they are.