Court Imposes travel ban on Sikder Group MD, family

A Dhaka court has imposed a travel ban on on Sikder Group Managing Director Ron Haque Sikder and 13 members of his family in connection with corruption allegations brought against them.

Dhaka Metropolitan Senior Special Judge, Zakir Hossain Galib, issued the order in response to a petition filed by the Anti-Corruption Commission (ACC) On Tuesday (March 11).

The others are Ron Haque’s mother Anwara Sikder; brothers Rick Haque Sikder and Dipu Haque Sikder; sisters Nasim Haque Sikder, Mamtazul Haque Sikder, Lisa Fatema Haque Sikder and Parveen Haque Sikder, Parveen’s husband Salauddin Khan, her daughters Jeffrey Khan and Mandy Khan; Nasim’s daughter Monika Khan; Ron Haque’s son Shawn Haque Sikder; and Rick Haque’s son John Haque Sikder.

ACC petition stated that an inquiry team has been formed to investigate allegations of corruption, financial mismanagement, illicit loan disbursements, and money laundering involving Ron Haque Sikder and members of National Bank Limited’s board of directors.

The investigation has reportedly uncovered evidence suggesting the unauthorized disbursement of billions of taka in loans and money laundering activities involving members of the Sikder family.

According to ACC, there are credible concerns that the individuals under investigation might attempt to flee the country to evade legal proceedings.

To ensure a fair and uninterrupted investigation, the ACC requested the court to impose travel restrictions on the listed individuals.