Customs Intelligence and Investigation Directorate or CIID officials produced Kader in court on Thursday after arresting him in the capital on Wednesday. Metropolitan Magistrate Jasim Uddin rejected Kader’s bail petition and ordered officials to send him to jail custody. Abul Kalam Azad, the lawyer for the Crescent chairman, said his client was a “victim of his business rivals’ vengeance”. Azad alleged the CIID started the cases after arresting Kader, which Azad said was not as per the rules for such cases. Rimex Footwear, Crescent Tanneries and Crescent Leather Products were used in transferring the money abroad in phases, CIID said in a media release.

Source: bd News24 January 31, 2019 13:52 UTC