HRC boss out on bail again
Sunday, 24 August 2008

Staff Correspondent

Businessman Sayeed Hossain Chowdhury was released on bail from Dhaka Central Jail Saturday.

Deputy inspector general of prisons major Shamsul Haider Siddiqui told he was released at 10.15 am.
Founder chairman and CEO of HRC Group Ltd Sayeed Hossain was arrested on July 18 under Emergency Powers Rules on charges of money laundering.
Authorities released him on Aug 1 in line with a bail order secured on July 29.
He was rearrested the same day shortly after his release, once more under EPR.
The Anticorruption Commission filed a case with Tejgaon police against the businessman under the money laundering laws on Aug 4.
The High Court granted him bail in this second case on Aug 20.

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