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BFIU: Tk76,000cr assets of Sheikh Hasina’s family, 10 industrial groups frozen

BFIU: Tk76,000cr assets of Sheikh Hasina’s family, 10 industrial groups frozen
National

The Bangladesh Financial Intelligence Unit (BFIU) has announced that domestic and foreign assets worth a total of Tk76,000 crore belonging to former Prime Minister Sheikh Hasina’s family and 10 industrial groups have been frozen.

The agency stated that these assets were frozen as part of a joint investigation conducted over allegations of illegal wealth accumulation, tax evasion, and money laundering. Additionally, various initiatives have been taken to repatriate assets laundered abroad.

The head of BFIU Ikhtiar Uddin Mohammad Mamun disclosed this information on Wednesday (July 15) during the publication ceremony of the agency’s annual report at the head office of Bangladesh Bank.

He informed that the frozen assets include Tk57,000 crore located within the country and Tk19,000 crore located abroad.

The BFIU chief said: "Efforts are underway to recover the wealth stolen from the country. We hope to deliver positive progress or good news regarding this by the end of this year."

Responding to a question, he stated that political identity is not considered during investigations and financial intelligence operations. Bank accounts of relevant individuals or institutions are frozen whenever suspicious financial transactions or information on money laundering are uncovered.

"We do not look at political affiliations. Bank accounts are frozen as soon as they