A BUSINESSMAN on trial for allegedly stealing more than BD20 million has been released from custody on BD10,000 bail.
The 38-year-old, a partner in a telecom company, is charged with fraud, forgery, embezzlement and money laundering by the High Criminal Court.
He allegedly stole the money over a four-year period. However, judges released him on BD10,000 bail today (Nov 8) and imposed a travel ban on him based on his lawyer's request.
Another businessman, who is not in custody and is also standing trial in the case, is accused of aiding and abetting the alleged theft.