Appoint receiver to manage Beximco’s all assets: HC
- Update Time : Thursday, September 19, 2024
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The High Court (HC) in the full text of an order has directed the Bangladesh Bank to appoint a receiver to manage the companies of Beximco Group and attach all the properties belonging to the companies.
The court also ordered the central bank to recover the money obtained by Salman F Rahman, founder of Beximco Pharmaceuticals Limited, from different banks and bring the money back to Bangladesh from abroad.
The High Court bench of Justice AKM Asaduzzaman and Justice Muhammad Mahbub Ul Islam issued the written order on Thursday.
On 5 September, the HC bench issued the rule after a writ petition was filed by Supreme Court lawyer Masood R Sobhan seeking necessary directives.
Mohammad H. Zaman, MD, FCCP, MBA, Chairman, Editorial Board
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