Regent Group Chairman Shahed put on seven-day fresh remand

Regent Group Chairman Md Shahed alias Shahed Karim has put on a 7-day fresh remand in a case of embezzling money of the former Farmers Bank.

Dhaka senior special judge KM Imrul Kayesh passed the order after hearing in the case on Monday.

The Anti-Corruption Commission (ACC) filed the case against Shahed Karim for embezzling Tk 2.71 crore from Padma Bank Ltd (formerly Farmers Bank).

ACC on july 27 filed the graft case against four people including shahed.

The other accused are: the bank’s former audit committee chairman Mahbubul Haque Chisty alias Babul Chisty and his son Rashedul Haque Chisty, and Regent Hospital Managing Director Ibrahim Khalil.

On July 15, a team of the Rab arrested Shahed from Debhata upazila in Satkhira. After his arrest, at least 20 cases have been filed against him with different police stations in Dhaka. Most of these cases have been filed in connection with his fraudulent activities.