Regent Group Chairman Shahed, MD charged for ‘possessing fake notes’

Rapid Action Battalion (Rab) has pressed charges against Regent Group Chairman Mohammad Shahed and its Managing Director Masud Parvez in a case filed over possessing fake notes of Tk 1.14 lakh in July this year.

Mohammad Zakir Hossain, a sub-inspector of Rab-1 and also the investigation officer of the case, yesterday submitted the charge sheet to the Chief Metropolitan Magistrate's Court of Dhaka, showing 13 people as prosecution witnesses.

The charge sheet will be placed before the court on November 22 for its next course of action.

According to the prosecution, it was alleged that a team of Rab-1 raided a house at Sector-11, Road 20, House 62 of Uttara Paschim around 8:40pm on July 15 and seized fake notes of Tk 1,14,500 from their possession.

Later, Rab filed a case against them with Uttara Paschim Police Station under the Special Powers Act-1974.

On September 28, Shahed was convicted for life in jail for possessing firearms.

Shahed, accused in over 56 cases, was arrested on July 15 from Satkhira when he was leaving the country on a boat while Masud was arrested from Gazipur on July 14.