Sunday | 6 October 2024 | Reg No- 06
বাংলা
   
Sunday | 6 October 2024 | Epaper

Agora boss Niaz Rahim gets bail

Published : Thursday, 28 December, 2017 at 9:11 PM  Count : 539
Observer Online Report
A court in Dhaka granted bail to the chairman of superstore chain Agora, Niaz Rahim, on Thursday hours after he was jailed in two cases filed for selling adulterated food.

Niaz was granted the bail after he filed two petitions seeking bail in the cases, and following the bail order, he got-rid of custody.

Pure Food Court's Special Magistrate Mehedi Pavel Sweet passed the bail order with condition that he will appeal against the conviction and sentence within one month.

On Thursday, another magistrate of the court sentenced one-year jail to Niaz each in the cases.

The court also fined the chairman Tk 50,000.

The management of Agora is now, however, controlled by private equity fund Brummer and Partners Asset Management Bangladesh Ltd.

A group director of Rahimafrooz, Rahim also serves as the chairman of several concerns of the business group.

The lawsuits were filed in 2008 and both of them involved adulterated ghee brought from the superstore,” Sobhani, who presides the Pure Food Court.

SU




Your choice
Related topic   Subject:  Agora   boss   Niaz   get   bail  


LATEST NEWS
MOST READ
Also read
Singapore bar offers bitcoin New Year party package
Tofail hopeful about increased export earnings in DITF
Oil prices rise as 2017 draws a close
Goldman Sachs says US tax reform to cut earnings by $5 bn
Lafarge tops gainer list at DSE
Apple, Amazon to invest in Saudi Arabia
Dollar heads into 2018 on a weaker note, Asia stocks mixed
Agora boss Niaz Rahim gets bail
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝