HC upholds jail term of ex-Jamuna Bank chair

The High Court (HC) on Tuesday upheld a trial court judgement that awarded one year's imprisonment to former Chairman of Jamuna Bank Arifur Rahman in a case over cheque forgery. The bench of Justice Md Rais Uddin passed the order dismissing Rahman's appeal against the 2016 judgement.
According to the case documents, Arifur Rahman in 2011 took Tk 15 crore in cash from Borak Real Estate and gave them cheques to repay the money. As the company deposited the cheques to the bank, it bounced due to insufficient balance. Borak in 2012 filed the case with a court that sentenced Rahman to one year's imprisonment and fined him Tk 50 lakh on January 24, 2016. The court also ordered him to return the money he had taken from the real estate company. "My client has already paid them Tk 7.50 crore following the lower court order. The High Court now has ordered him to pay the rest of the money within 60 days," said Advocate Delwar Hossain Laskar, counsel for Arifur Rahman.