Dhaka, Bangladesh
Hallmark chairperson jailed for 3 years

Hallmark chairperson jailed for 3 years

News Desk The chairman of Hallmark Group, which made a name in the wrong way round allegedly for taking huge bank money on forged loan, was jailed Wednesday for three years in a graft case. A Dhaka court also fined Jasmine Islam two-million taka in the case filed by the Anti-Corruption Commission for not submitting her wealth statement. Judge of Dhaka Special Judges Court-5 Md Akhtaruzzaman handed down the prison sentence to Jasmine Islam and asked her to pay Tk 20 lakh in fines within 60 days. The chairperson of the previously little-known business group was in the dock when the verdict was delivered. Earlier on November 13 in 2013, the ACC issued a notice to Jasmine Islam asking her to submit wealth statement. Later, the ACC filed the case against her with Ramna Police Station on December 12, 2013 as she had not submitted her wealth account. On October 22 of 2014, the ACC pressed charges against her. Reports say Jasmine, wife of Hallmark Group Managing Director Tanvir Mahmud, is also charge-sheeted in all 11 cases lodged by the anti-graft watchdog in October 2012 on charges of misappropriating over Tk 1,568 crore of depositors' money. The sum, which was funded loan, meaning given in cash, is part of more than Tk 2,600 crore credits that the upstart group with the connivance of some dishonest Sonali Bank officials swindled out of the bank by using forged documents, according to the ACC investigations.

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