Libel suit against Ibrahim Khaled quashed

Dhaka, Feb 12 (bdnews24.com) – A Dhaka court dismissed on Sunday a Tk 1-billion defamation suit filed against the stocks scam inquiry body chief Khondkar Ibrahim Khaled and seven others. Dhaka's fourth joint district judge Mohammad Ash-Shams Jaglul Hossain ordered the dismissal of the case. Bangladesh Thai Aluminium Ltd had filed the case on May 18 last year demanding withdrawal of a part of the probe report that contained allegations of money laundering against the firm. Later Khaled filed a petition seeking dismissal of the case. The other accused in the case are then Securities and Exchange Commission (SEC) chairman, general manager of Bangladesh Bank's Foreign Trade Control Division, managing director of City Bank, N.A. and the chief executive officer of the Dhaka Stock Exchange. bdnews24.com/pb/ost/nir/2255h