Unique Group MD Noor Ali gets bail

A Dhaka court has granted bail to Noor Ali, managing director (MD) of Unique Group, and his wife Salina Ali in a case filed on charges of fraud and embezzlement.

Dhaka's Additional Chief Metropolitan Magistrate Asaduzzaman Noor on Tuesday (December 1) passed the order following bail petitions filed by them.

Lawyer Gazi Shah Alam stood for the accused while Advocate Farukur Rahman, counsel for the plaintiff, opposed their bail during the hearing in the court.

Earlier on November 29, the same court issued arrest warrants for Noor Ali and his wife Salina Ali in the case involving charges of fraud and embezzlement.

The case was filed by Selim Ahmed, chairman of Jalal Ahmed Spinning Mill and Shah Fateullah Textile Mills, with the Dhaka Chief Metropolitan Magistrate's Court on February 24, 2019 in connection with a dispute over the registration of a flat in the Unique Heights building, developed by Noor Ali's Borak Real Estate in Dhaka's Paribagh.

According to the case statement, the accused took Tk 2,92,82000 from the plaintiff over the sale of floor space. Although the accused were supposed to get the flat registered in 2015, they kept stalling. That is why they have been accused of embezzling money in the case.