City Reporter: In the case of recovering a defaulted loan of Tk 146.3 million from Bank Asia Agrabad branch, the court has ordered the freezing of a bank account of Aramit Cement Company owned by former minister and former Anwara MP Saifuzzaman Chowdhury Jabed at the United Commercial Bank Bahaddarhat branch. Judge Mujahidur Rahman of the Chittagong Financial Debt Court issued the order yesterday. Court bench assistant Rezaul Karim told the media that the bank has informed the court that none of the defendants’ properties are liable to the plaintiff bank.
It has been heard that the defendants have left the country as a result of the political change after August 5. There are allegations against the defendants of laundering a huge amount of money abroad. There is a bank account in the name of Aramit Cement at the United Commercial Bank Bahaddarhat branch, and if it is not frozen, it will become impossible to recover the huge amount of debt from the defendants.
The bench assistant said that after the bank’s statement, the court reviewed the documents and ordered the freezing of the bank account in the name of the defendant in the United Commercial Bank Bahaddarhat branch. In addition, the judge also ordered the manager of the United Commercial Bank Bahaddarhat branch to submit the account statement of the bank account for the past 1 year. The defendant has been ordered to show cause by January 20 as to why the bank account should not be frozen before the verdict, said bench assistant Rezaul Karim.
According to court sources, the money loan case was filed on November 21 against Bank Asia Agrabad branch Aramit Cement, the chairman, MD, director and shareholder of the company to recover the defaulted loan.
