A Dhaka court has barred nine foreign nationals, including five founding directors of Ring Shine Textiles Limited, from leaving the country over allegations of embezzling Tk 2.75 billion. They allegedly submitted falsified documents to list the Dhaka EPZ-based company on the capital market. Dhaka Metropolitan Senior Special Judge Sabbir Faiz passed the order after hearing a petition by the Anti-Corruption Commission on Thursday. Abdul Kader Faruk, identified in the Anti-Corruption Commission’s (ACC) petition as the chairman of FAR Group, has also been placed under a travel ban. Four other foreign nationals, Xiao Liu Yi Chi, Chuk Quan, Hang Siu Lai, and Xiao Hai He, have also been placed under the travel ban.

Source: bd News24 October 30, 2025 15:00 UTC