Amassing illegal wealth: Regent group’s Shahed pleads not guilty

Mohammad Shahed Karim, chairman of Regent Group, today pleaded not guilty and sought justice after a Dhaka court read out the charges against him in a case filed for acquiring illegal wealth worth Tk 1.69 crore.

Shahed, now in jail, told the court that he was implicated in the case with an intent to harass him.

Judge Prodip Kumar Roy of Dhaka Special Judge’s Court-7 read out the charges. He fixed August 10 for opening arguments in the case.

The court framed charges against Shahed on April 17 last year.

On March 1, 2021, Deputy Director of Anti-Corruption Commission Farid Ahmed Patwary filed the case against Shahed with its Dhaka Integrated Office-1 for his alleged involvement in acquiring illegal wealth.

After an investigation, the ACC pressed charges against Shahed on February 2.

Shahed was arrested on July 15, 2020 at Debhata in Satkhira while he was trying to flee the country.

Later, over 36 cases, including an arms case, were filed against him with police stations across the country.

On September 28, 2020, Shahed was sentenced to life in jail in the arms case.

On August 18, 2010, another Dhaka court sentenced Shahed to six months and fined him Tk 53 lakh in a cheque dishonour case.

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