February 21, 2023
2 mins read

Khaleda Zia’s graft case hearing set for Feb 26

The ACC had filed the case on December 9, 2007 against five including the BNP supremo for abusing power for signing the deal…reports Sumi Khan

A Dhaka court has fixed February 26 to hold a hearing on charge framing in the Niko graft case against chief of the opposition Bangladesh Nationalist Party (BNP), Khaleda Zia.

The Anti Corruption Commission of Bangladesh (ACC) accused Khaleda and her associates of causing a loss of more than Tk13,000 crore to the state exchequer with the deal inked with the Canadian company Niko for exploring and extracting gas.

The ACC had filed the case on December 9, 2007 against five including the BNP supremo for abusing power for signing the deal.

On May 5, 2008, it pressed charges against Khaleda and 10 others.

On Sunday, Judge Sheikh Hafizur Rahman passed the order in a temporary courtroom of the Dhaka Special Judge’s Court-9 at Dhaka Central Jail in Keraniganj.

Appearing on behalf of Khaleda Zia, lawyer AJ Mohammad Ali sought exemption from filing charges against her.

As the hearing did not end on Sunday, the court re-fixed the date.

Mahbub Sarwar, director (production sharing contracts) of Petrobangla, told The Independent: “We have heard the order of the High court but have not received any document yet. After receiving the court order, we will know what to do with the Niko deal. But we are ready to comply with the court order.”

“We welcome the order and we will it do in the interest of the country,” Nawsadul Islam, managing editor of Bapex, told The Independent.

In his reply to a query, he said: “Niko has some share in Block No. 9 that included Bangura gas field. However, we don’t know whether the court has released any order on Block No. 9.”

For the past few years, the government has been trying scrap the deal with Niko, which pulled out of Bangladesh in 2005 after two blowouts at the Tengratila gas field, causing damage to at least 1,794 billion cubic feet (bcf) of gas worth some Tk. 13,631 crore.

Recently, the local administration has expressed concern over an unusual leakage of gas at the abandoned Tengratila gas field in Sunamganj.

In a letter to the Energy and Mineral Resources Division, Sunamganj’s deputy commissioner (DC) reported that gas was flowing out through different leaks of the abandoned gas field.

He also said the chairmen of local upazila and union parishads have expressed concern over any possible danger caused by the unprecedented gas flow (condensate).

A compensation case is pending with the International Centre for Settlement of Investment Disputes (ICSID) over the blowout incident.

ALSO READ: Bangladesh ready to dethrone China as EU’s top clothing exporter

Previous Story

‘All Quiet On The Western Front’ beats Cinema Paradiso’s records

Next Story

Chinese policies cost credibility

Latest from -Top News

Is Bangladesh cosying up to Beijing and Islamabad?

The Kunming gathering appears to mark the beginning of a dangerous geopolitical maneuver. Behind the diplomatic curtain, efforts to forge a strategic bloc seem to be underway—one that not only threatens regional

UAE rolls out red carpet for Indian start-ups

MoU signed with IIT Bombay’s SINE as CEPA Start-up Series aims to accelerate market access for Indian ventures In a bid to bolster cross-border entrepreneurship and innovation, the UAE-India CEPA Council (UICC),

Fuel switch mystery in Air India horror crash

Cockpit voice recordings, fuel switch anomalies and a possible overlooked advisory emerge in early findings The preliminary investigation into the crash of Air India flight AI171, which went down shortly after take-off

Pentagon takes stake in rare earth firm

This partnership aims to enhance the US’s strategic independence in critical minerals, which are essential for both defense and commercial applications In a significant move to bolster domestic rare earth production, MP

UK Leaders Slam Bangladesh Interim Rule

UK Leaders Urge Starmer to Act Against Bangladesh Interim Regime…reports Asian Lite News Several prominent UK politicians — including current and former lawmakers — along with human rights advocates and religious community
Go toTop

Don't Miss

Observers From ECI Laud Peaceful Bangladesh Polls

International Observers’ delegation in Bangladesh for elections thanked the Election

Bangladesh’s growing internet usage carries new risk of extremism

The surge in Internet usage and online communication during the