The High Court on Thursday granted bail to Mohammad Imran Hossain, chairman of Sadeeq Agro, in a case filed over allegations of money laundering.
A bench of Justice KM Zahid Sarwar and Justice Sheikh Abu Taher issued the order after making the rule on his bail absolute.
The Criminal Investigation Department (CID) of police arrested Imran Hossain on 3 March, 2025, in connection with a case involving alleged laundering of Tk133 crore.
According to prosecution sources, the investigation later found evidence of Tk143 crore being laundered.
Assistant Attorney General Md Al Amin told reporters that the court granted bail considering the accused’s prolonged detention.
Imran Hossain drew widespread attention during Eid-ul-Azha in 2024 after a high-priced goat from his Sadeeq Agro farm, with a reported starting price of Tk15 lakh, went viral on social media.
The animal was purchased by Mushfiqur Rahman, also known as Ifat, son of former National Board of Revenue (NBR) official Matiur Rahman.
Sadeeq Agro had previously been in the spotlight for selling cattle at unusually high prices.
The farm also imported 18 Brahma breed cattle, which are banned in Bangladesh.
The animals were initially seized by customs authorities at the airport but were later handed over to Sadeeq Agro by the Department of Livestock.
