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

Previous Story

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

Next Story

Chinese policies cost credibility

Latest from -Top News

Ukraine Talks Head to UAE

Russia, Ukraine and the US are preparing for fresh trilateral talks in Abu Dhabi on November 10 and 11, as diplomatic efforts to end the war gather pace….reports Asian Lite News Desk

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News

PoK violence: JAAC demands end to Pakistani crackdown

Fresh violence in Pakistan-occupied Kashmir has prompted the Joint Awami Action Committee to demand an immediate halt to alleged Pakistani security force operations against civilians…reports Asian Lite News Desk The Joint Awami

Thailand PM opens 27-day Diwali festival in Bangkok

Thailand Prime Minister Anutin Charnvirakul has inaugurated a 27-day Diwali festival in Bangkok, billed as the longest celebration of its kind outside India…reports Asian Lite News Desk Thailand Prime Minister Anutin Charnvirakul

Iraq Draws a Line With Trump

Iraqi Prime Minister Ali al-Zaidi has told US President Donald Trump that Baghdad will not allow its territory to be used to launch attacks against neighbouring countries, as the government seeks to
Go toTop

Don't Miss

India rejects reports of Farraka barrage’s link with Bangladesh floods

MEA statement came after, Bangladesh media reported India had opened

Indo-Bangla cycling campaign kicks off

The team comprising 20 cyclists each from India and Bangladesh