Dhaka, Nov. 13 -- A Dhaka court has revoked the bail of 12 suspects in a case involving the alleged embezzlement of Tk 5.6 billion from the Market Development Fund (MDF) of the Bangladesh Telecommunication Regulatory Commission (BTRC).

Dhaka Metropolitan Sessions Judge Md Sabbir Foyez passed the order on Thursday after hearing a petition filed by the prosecution seeking cancellation of the bails granted to the 12 defendants on Oct 27 by the Chief Metropolitan Magistrates' Court of Dhaka.

Public Prosecutor Omar Faruk Faruki confirmed the bail cancellation by the court.

The case was filed on Sept 18 with Gulshan Police Station by Taufiqul Islam, senior assistant director of the BTRC.

The case accused the defendants of violating licensin...