The high court on Wednesday turned down the bail petitions of Destiny Group managing director Rafiqul Amin and Destiny-2000 chairman Mohammad Hossain in two money-laundering cases filed by the Anti-Corruption Commission, reports UNB.
The HC bench of justice Md Nazrul Islam Talukder came up with the order after hearing their bail petitions virtually.
The court also kept four separate bail petitions stand- over until reopening of regular court activities after ongoing holiday.
Lawyers Abdul Matin Khasru and Mainul Hossain appeared for the accused and Md Khurshid Alam Khan for ACC and deputy attorney general AKM Amin Uddin Manik for the state.
The accused's lawyers prayed to the HC to grant them bail on health grounds.
The duo filed the petitions earlier with the HC seeking bail in the cases saying that they have been suffering in jail for long since 11 October, 2012 and they are now physically sick.
On 31 July, 2012, the ACC filed two money-laundering cases against Destiny-2000 chairman and group managing director and 20 others on charge of misappropriating investors' money amounting to Tk 32.85 billion.