The High Court has ruled that there will be no further investigations into instances of alleged corruption and irregularities in Islami Bank based on media reports.
An HC bench of Justice Nazrul Islam Talukder and Justice Kazi Ebadul Hossain issued the order at around 11:30am on Tuesday (30 April).
Deputy Attorney General AKM Amin Uddin represented the state while Advocate Khurshid Alam Khan represented the Anti-Corruption Commission (ACC) during the hearing.
Advocate Ahsanul Karim appeared for S Alam Group, the Chattogram-based conglomerate named in the media reports for being allegedly involved with the money siphoning from Islami Bank.
At the same time, the HC ordered the ACC to investigate the truth of the report on Islami Bank published in one of the leading newspapers of the country.
Following the hearing, Advocate Ahsanul Karim spoke to the media and said, "Reports in Daily Star, Prothom Alo and New Age were false. S Alam group had no connection with it".