A Police Bureau of Investigation (PBI) charge sheet has accused Transcom Group director Simin Rahman of forging signatures and using fake non-judicial stamps to divert 14,160 of her late father Latifur Rahman’s shares to herself, allegedly disadvantaging her siblings. The filing, submitted on January 11 by PBI Inspector Syed Sajedur Rahman, was placed before a Dhaka metropolitan magistrate on Thursday; Magistrate Md. Sefatullah set a hearing for January 21, according to complainant counsel Md. Monir Hossain.
Five others were also named: Transcom directors Md. Kamrul Hasan, Md. Mosaddek, Abu Yusuf Md. Siddiq, Md. Samsuzzaman Patwary, and Mrs. Shahnaz Rahman.
According to the charge sheet, minutes of a purported June 13, 2020 board meeting approved a transfer of 23,600 shares: 14,160 to Simin Rahman, and 4,720 each to her brother Arshad Waliur Rahman and sister Shazreh Haque. Investigators allege inconsistencies, including an attendance sheet marking Latifur Rahman “on leave” and Arshad’s signature despite his being in Cumilla that day, and say no notice or records of the meeting were produced when requested.
The filing further claims irregularities at the Registrar of Joint Stock Companies and Firms (RJSC): transfer documents were lodged on June 13, 2020, the transfer date recorded as August 17, 2020, but statutory fees were paid later on September 2, 2020; neither donor nor recipients were present at submission, allegedly contravening Companies Act 1994, Section 38, with only an advocate appearing. Investigators also cite reports from the Postal Department and the Dhaka District Commissioner indicating two affidavits used in the process bore 2023-issued stamps that were allegedly supplied as if in March 2020, with the vendor’s license reportedly canceled in December 2020.
The dispute dates back to a February 22, 2024 Gulshan Police Station case filed by Shazreh Haque, accusing her sister and others of fraud tied to intra-family share allocations.
Lawyers for the accused were not immediately cited with a response in the filing. All allegations are subject to judicial determination at the forthcoming hearing.