Staff Reporter:
Police Bureau of Investigation (PBI) on Thursday arrested five high officials of the Transcom Group in a forgery case.
They have been arrested in the case filed by the group’s director Shahzreh Huq, Additional Deputy Inspector General of Dhaka Metro North unit PBI Jahangir Alam confirmed this to the Daily Sun.
The arrestees are the Legal Advisor of Transcom Group Fakhruzzaman Bhuiyan; Director of Corporate Finance Kamrul Hasan; Director of Corporate Finance Abdullah Al Mamun; Manager Abu Yousuf Mohammad Siddique; and Assistant Company Secretary Mohammad Mosaddek.
Shahzreh Huq, the younger daughter of the renowned businessman late Latifur Rahman, filed the case against her younger sister Simeen Rahman, the chief executive officer of the Transcom Group, with Gulshan Police station on Thursday.
According to the case statement, Shahzreh Huq has brought allegations of embezzlement of Tk 100 crore, illegal acquisition of property, and unauthorized transfer of company shares.
The Transcom Group is one of the largest business groups in the country. Companies under the group’s umbrella include SK+F Pharmaceuticals, Transcom Beverages, Transcom Distribution, Transcom Consumer Products, Transcom Foods, Transcom Electronics, Transcraft, and Midas.
