MK Khairul Bashar, chairman of BSB Global Network, has been placed on a 10-day remand by a Dhaka court amid allegations of embezzling hundreds of crores of taka from students. The court granted the remand on Tuesday after police requested additional time for interrogation.
Bashar was arrested earlier on Monday from the ground floor of a building on Road No. 4 in Dhanmondi, Dhaka. The authorities accuse him of deceiving numerous students by promising them opportunities for higher education abroad.
According to the remand application, Bashar and his associates allegedly defrauded 141 victims out of approximately Tk 18.3 crore (around 182.957 million taka) through flashy advertisements promising education in countries like Canada, Australia, and the United States.
Preliminary investigations suggest that the organization has embezzled over Tk 53 crore (530 million taka) from around 448 victims. The final figure is expected to rise as investigations continue.
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