BSS
  04 Mar 2024, 17:16

Two magistrates testify in Hallmark loan scam case

DHAKA, March 4, 2024 (BSS) - Two metropolitan magistrates today testified in a case lodged by the Anti-Corruption Commission (ACC) over much talked-about Hallmark loan scam.
 
Dhaka Metropolitan Magistrates Saifur Rahman and Keshav Roy Chowdhury, who recorded statements of three accused in the case, submitted their testimonies and were cross-examined by the defence at Dhaka Special Judge Court-1.
 
After the end of the cross-examination, Judge Md Abul Kashem adjourned the hearing till March 12.
 
The court was scheduled to pronounce judgment in the case on February 28.
 
The ACC however, pleaded for recording depositions of the two concerned magistrates on that day. Allowing the ACC plea, the court had fixed today for holding hearing.
 
According to the case documents, the 18 accused including Hallmark Group Managing Director Tanvir Mahmud, his wife and the company's chairman, Jasmine Islam are accused of embezzling Taka 16.50 crore after taking loan of 525.62 crore in the name of a non-existent Max Spinning Mills.
 
ACC filed the case on October 4, 2012, with the capital's Ramna Police Station.