Trial against Khaleda to start Mar 1 in Dandy Dyeing case
Tuesday 02 February, 2016 12:00:00 am
Dhaka, Feb 2 (UNB) – The formal trial of 16 people, including BNP Chairperson Khaleda Zia, will begin on March 1 in the Tk 45.49-crore loan default case over Dandy Dyeing Limited.
Judge of Dhaka’s Bankruptcy Court-1 Fatema Ferdous fixed the date on Tuesday after framing charges against them.
The court also rejected two petitions -- one for deferring the hearing on framing issues and another for excluding Khaleda Zia from the case -- filed by BNP chief’s counsel AKM Fakhrul Islam.
The other accused are Tarique Rahman, late Arafat Rahman Koko, his wife Sharmila Rahman and their two daughters – Zafia Rahman and Zahia Rahman -- Khaleda Zia's younger brother Maj (retd) Sayeed Iskander, Shams Iskander, Shafin Iskander, Sumaiya Iskander, Nasrin Ahmed, Gias Uddin Al Mamun and his wife Shahina Begum, Gazi Galib Abdus Sattar, Shamsun Nahar and Masud Hassan.
On March 17, 2015, Khaleda Zia, her late youngest son Arafat Rahman Koko's wife Sharmila Rahman and their two daughters were made defendants in the case.
The court allowed the petition filed by the counsel for Sonali Bank seeking inclusion of the four names as inheritors of late Koko, one of the directors of the company who died in Malaysia on January 24, 2015.
On March 8, 2015, Sonali Bank's senior executive officer Nazrul Islam filed the petition before the court as per order 22 and rule 4 of Code of Civil Procedure (CPC).
On October 2, 2012, Sonali Bank filed the case as the defendants failed to repay the loan after issuing the final notice.
According to the case statement, Dandy Dyeing Limited started its operation with a capital of Tk 3 crore during the BNP rule in 1992. The following year, it took bank loan of Tk 13.14 crore. Later in 1996, Sonali Bank further sanctioned loan accumulating to Tk 42.70 crore. Meanwhile, in 2001, the Sonali Bank authorities had written off the interest amount equivalent to Tk 12.16 crore.