Giasuddin Al Mamun gets bail; to be freed shortly

Businessman Giasuddin Al Mamun, a friend and business associate of BNP acting chairman Tarique Rahman, has been granted bail. A Dhaka court on Tuesday granted bail to Mamun in a loan default case, said his lawyer Jahedul Islam Koel. He will be freed from Kashimpur jail shortly, he said. Mamum was arrested on January 31, 2007 during the military-backed caretaker government's term, and was in jail since then.There are various cases against him which include extortion, corruption, money laundering and tax evasion.