DHAKA, April 30, 2024 (BSS) - A Dhaka court today granted bail to three
Transcom Group officials in two separate cases of embezzlement and illegal
transfer of company shares.

Dhaka Additional Chief Metropolitan Magistrate Tofazzal Hossain accepted the
bail plea from the trio- Transcom Company’s corporate finance director
Abdullah Al Mamun, manager Abu Yusuf Md Siddique and assistant company
secretary Mohammad Mosaddek, and granted the permanent bails on taka 5,000
bonds, each.

On April 21, Dhaka Metropolitan Magistrate Md Rashidul Alam's placed the trio
on a three-day remand scrapping their bail applications.

According to the case, on February 22 this year, the founder of Transcom
Group, late Latifur Rahman's daughter, Shahzreh Huq, filed three separate
cases with Gulshan Police Station against them for allegedly embezzling Taka
100 crore, possessing property forcefully and illegal transfer of shares of
the company.