Pursuits
Bangladesh Court Orders Confiscation of Building Owner’s Assets
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A Bangladesh court has asked the government to confiscate assets belonging to the owner of the factory complex that collapsed last week as hopes fade for more survivors after the nation’s biggest industrial disaster.
The property and assets belonging to Sohel Rana, owner of the eight-story Rana Plaza that collapsed killing at least 387 people, as well as of four owners of garment factories in the complex should be seized, High Court judges Mirza Hussain Haider and Muhammad Khurshid Alam Sarkar said in a ruling today in Dhaka. They have also barred transfer of assets held by the five, according to the ruling.