Nine individuals including five trustees of the North South University Board of Trustees (NSU BoT) were granted bail in a case of embezzlement of additional funds for the purchase of land for NSU future campus. Judge Rabiul Alam of Dhaka Special Judge Court-4 granted their bail on January 30, 2025.
The accused include Azim Uddin Ahmed, Chairman of the North South University Board of Trustees; members MA Kashem, Benazir Ahmed, Rehana Rahman and Mohammad Shahjahan; with Ashaloy Housing and Developers Limited Managing Director Amin Md. Hilali, Chairman Omar Faruk, Director Anwar Begum and Syed AK Kamruzzaman. The case was filed on May 12, last year, by ACC Deputy Director Md. Farid Ahmed Patwary, who accused six people of embezzling Tk 303 crore 82 lakhs by showing an excess of Tk 303 crore 82 lakh 13 thousand 497 in the name of North South University campus development.