Sonali Bank has asked for implicating BNP chief Khaleda Zia, her daughter-in-law and two granddaughters in default of over Tk 455 million by Dandy Dyeing following death of her son Arafat Rahman Coco.
Published : 15 Mar 2015, 10:30 PM
Coco, who died on Jan 24 in Malaysia, was a director of Dandy Dyeing.
Though the appeal was made on Mar 8 to the First Money Loan Court of Dhaka, journalists came to know about it just on Sunday.
Acting judge of the court Roksana Akter Happy fixed Monday for hearing the petition.
State-run Sonali Bank’s lawyer Zahangir Alam said they appealed for naming the four as defendants in the loan default case as Coco had died.
He told bdnews24.com: “There are rules to replace heirs to a defendant in Money Loan Court case as the defendants if he or she dies. That’s why we’ve made the appeal.”
Apart from Khaleda, the other three are Coco’s wife Sharmila Rahman Sithi and daughters Zahia Rahman and Zafia Rahman.
After Coco’s funeral in Dhaka, Sithi, along with her daughters, went back to Malaysia where Khaleda’s son stayed for around six years.
Sonali Bank earlier implicated Mozaffar Ahmed’s wife Shamsunnahar and son Masum Hassan in the case following his death.
Sonali Bank Senior Executive Officer Nazrul Islam filed the case with the Money Loan Court on Oct 2, 2013 accusing the defendants of defaulting Tk 455,937,295.
The other defendants are Dandy Dyeing Limited, Khaleda’s eldest son Tarique Rahman, brother Sayeed Iskander’s wife Nasrin Ahmed, sons Shams Iskander and Shafin Iskander and daughter Sumaiya Iskander, Tarique’s business partner Giasuddin Al Mamun, his wife Shahina Begum, and Kazi Galib Ahmed.
According to the case statement, Dandy Dyeing commenced its business in 1992 with a capital of Tk 30 million.
In February, 1993 the company took Tk 131.4 million in loan from Sonali Bank. The bank disbursed a fresh loan in 1996 on an application by Sayeed Iskander.
The outstanding loan stood at around Tk 427 million on Apr 4. 2010.
The case was filed as the defendants did not repay the loan despite being served notices.