Sonali Bank Limited on Thursday lodged three more cases against Hall-Mark Group Managing Director (MD) Tanvir Mahmud and the Group’s Chairman Jesmin Islam on the charge of default in the payment of loan amounting to Tk 21.71 crore.
These three cases, filed with the Ortho Rin Adalat (Money Loan Court) raised the number of cases to nine. Sonali Bank’s lawyer told this correspondent, earlier the bank filed six such cases against the embattled Group. However, preparations have been going on to filed more similar cases against the Group, he added.Sonali Bank said Hall-Mark Syle Limited defaulted Tk 9.18 crore, Hall-Mark Accessories Limited Tk 10.92 crore and Hall-Mark Packaging defaulted Tk 1.60 crore.
Sonali Bank’s Ruposhi Bangla Hotel branch loaned Hall-Mark Grou and five other companies Tk 3,547 crore between 2010 and May, 2012 allegedly on fake and false documents. The businesses allegedly misappropriated the amount in collusion with some officials of the bank.
Of Tk 3,547 crore, Hall-Mark Group alone took away Tk 2,686.14 crore, T and Brothers Tk 609.69 crore, Paragon Group Tk 146.60 crore, Nakshi Knit Tk 66.36 crore, DN Sports Tk 33.25 crore and Khanjahan Ali Tk 4.96 crore. – Court Correspondent
