A court has issued an arrest warrant against three people, including Transcom Group CEO Simin Rahman, on charges of embezzling nearly Tk 10,000 crore worth of shares by using fake signatures and fake stamps to deprive his siblings of their property.
Dhaka Metropolitan Magistrate Md. Sefatullah passed the order on Wednesday after accepting the chargesheet filed by PBI. The other two accused are Shahnaz Rahman, wife of Transcom Group founder Md. Latifur Rahman, and director Shamsuzzaman Patwary.
The chargesheet states that serious irregularities were committed in the transfer of shares by showing fake board meetings and using fake documents in 2020, which is a violation of the Companies Act. The court has ordered the submission of an arrest report on February 2 as part of the next steps in the case.