Metropolitan Magistrate Jagannath Das Khokan passed the order rejecting the bail petition submitted by the lawyers for Koyes Sami.

Earlier on Sunday, Koyes was sent to Dhaka Central Jail as his bail petitions were rejected after he surrendered to a court and sought bail.

On January 18 and 25, the Oriental Bank filed two criminal cases with Tejgaon and Kotwali police stations against Orion Group chief Obaidul Karim, Koyes Sami and some other present and former officials of the bank on charges of embezzling Tk 504 crore.

In the case filed with Kotwali Police Station, SMM Akhter Hamid Bhuiyan, assistant director of the Anti-Corruption Commission (ACC), alleged that Koyes Sami and nine others embezzled Tk 15.24 crore from a client's account by forging the client's signature.

Another case filed against him alleged that he along with others misappropriated Tk 488.50 crore through unauthorised issuance of 369 inter-branch debit advices with the assistance of several officials at the Oriental Bank head office and Bangshal, Nawabpur, Mirpur Road, Karwan Bazar and principal branches between 2003 and June 2006.

"Obaidul Karim, who is a close relative of some members of then board of directors of the bank, is the chief beneficiary of the misappropriated money," said the FIR.