Dhaka Metropolitan Senior Special Mediate this day (19 December) asked the Bangladesh Bank to freeze 125 bank accounts of Mohammad Saiful Alam (S Alam), chairman of the S Alam neighborhood and his kinfolk.
The shuttle focal point on of the court docket Ibrahim Miah handed the frilly following a petition submitted by the Anti-Corruption Price (ACC).
Md Abu Sayeed, deputy director (crew leader) of the ACC submitted the petition to the court docket looking out for an elaborate to freeze all 125 accounts of Saiful Alam and his kinfolk opened with completely different branches of First Security Islami Bank, PLC where they illegally earned higher than Tk22.65 crore remained deposited.
For the length of the hearing on the petition ACC Public Prosecutor Recommend Mir Ahmmed Salam stated, the excellent deposit in a explicit bank is ordinary and suspicious.
The yarn holders may siphon off the money out of the country at any time if the accounts are now no longer confiscated, he stated.
ACC deputy director Abu Sayeed in his petition stated the ACC crew came to know about 125 accounts of S Alam family all the contrivance via the investigation into an allegation in opposition to them of laundering $1 billion to Singapore, Virgin Islands, Cyprus and completely different nations.
The ACC prayed for freezing the accounts below piece 14 of the Money Laundering Prevention Act, 2012.
