HC orders Transcom Group CEO Simeen, 3 others to surrender

The High Court on Sunday ordered the Chief Executive Officer (CEO) of Transcom Group, Simeen Rahman and two others to surrender within 72 hours in connection with a case over the suspicious death of Arshad Waliur Rahman, the brother of Simeen Rahman.

The HC bench comprising Justice Md Khasruzzaman and Justice KM Zahid Sarwar came up with the following a petition filed by Shahzreh Huq the youngest daughter of the late chairman of Transcom.

They have been asked to surrender before the court within 72 hours of their returning home from abroad.

The three are: Transcom Groups Chairman Shahnaz Rahman, Transcom Groups Chief Executive Officer Simeen Rahman and its Head of Strategy and Transformation Zaraif Ayaat Hossain.

Shahzreh Huq filed a murder case at Gulshan police station, alleging a conspiracy leading to the demise of her brother, Arshad Waliur Rahman.

According to the details provided in the case statement, Shahzreh Huq asserted that she, along with her deceased elder brother Arshad Waliur Rahman and Simeen Rahman, were rightful heirs to all movable and immovable properties of their father under Muslim Sharia law.

The allegations put forth state that Simeen Rahman and his son Zaraif Ayaat Hossain engaged in fraudulent activities, forging documents with the intention to deprive Shahzreh Huq and Arshad of their rightful inheritance, including shares and positions within the Transcom Group established by their father, Latifur Rahman.

Earlier on 22 February, Shahzreh Huq, younger daughter of Transcom Groups late chairman Latifur Rahman filed three cases with Gulshan police station bringing allegations of fraud and breach of trust with regard to the companys shares and properties.

On March 24, the chamber judge of the Appellate Division Justice M Enayetur Rahim ordered Shahnaz Rahman and two other high-ups to surrender before the lower court concerned within 72 hours upon their return home from abroad.

The chamber judge came up with the order following a petition filed by Shahzreh Huq challenging a High Court directive for Shahnaz, Simeen and Zaraif to return from abroad and surrender before the lower court in 60 days from 20 March.