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		<lang class="3" colour="#000000" orgstyle="HEAD new 2" style="Headline1"  font="Blacker Pro Display" fontStyle="Regular" size="25">Court freezes his cement company’s bank account </lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="FROM PAGE" font="Blacker Pro Display" fontStyle="Bold" size="7">FROM PAGE 12
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">elections, he was accused of amassing huge wealth abroad. After that, he was not seen in the cabinet formed after the elections. Media reported that Javed moved to London with his wife and family members just before the fall of the Awami League government in the student-public movement on August 5 last year.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">A review of the case documents revealed that when Javed was a minister, his family company Aramit Cement Ltd took a loan from Bank Asia. 
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">After the company defaulted on the loan, seven people including Rukmila and Mohammad Masudul Islam, the first assistant vice president of Bank Asia, filed a case against Aramit Cement on November 11, 2023. However, Javed was not accused in the case.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">On November 26 last year, Bank Asia informed the court that their total debt against the loan given to Aramit Cement stood at almost Tk 14.64 crore. The defendants do not have any property mortgage to the bank against this loan. Besides, the defendants left the country after the political changeover on August 5. They are accused of smuggling a huge amount of money abroad.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Bank Asia also asked the court to attach a bank account of Aramit Cement with the United Commercial Bank Ltd (UCBL), Bahaddarhat branch, for collecting the dues.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">The court’s bench assistant Rezaul Karim told The Daily Star, “After a hearing, the court ordered the suspension of all transactions of the company’s UCBL bank account. At the same time, it issued the defendants a show-cause notice asking them to explain why all the accounts should not be attached.”
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“They will have to respond to the show-cause notice by January 20,” he added.
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