Regent’s Shahed jailed for 3 yrs in graft case

Regent Group Chairman Md Shahed alias Shahed Karim has been jailed for three years in a case filed by the Anti-Corruption Commission (ACC) for amassing illegal wealth.

Dhaka Special Judge Court-7 Judge Prodip Kumar Roy pronounced the judgement on Monday after the conclusion of legal arguments by both the defence and prosecution on August 10.

On March 1, 2021, the anti-graft body filed the case against Shahed for amassing illegal wealth of Tk 1.69 crore. The court framed charges against Shahed on April 17 last year.

A total of 10 witnesses testified in the case on different hearing dates.

Shahed was arrested on July 15, 2020, at Debhata in Satkhira while he was trying to flee the country. Later, more than 36 cases, including an arms case, were filed against him with police stations across the country.

He was sentenced for life in the arms case on September 28, 2020.