The High Court (HC) on Sunday directed authorities concerned to look into the allegations of properties of 459 Bangladeshi nationals in Dubai.

An HC bench comprising Justice Md Nazrul Islam Talukder and Justice Khizir Hayat asked the Bangladesh Financial Intelligence Unit (BFIU), Anti-Corruption Commission (ACC), Criminal Investigation Department (CID) and National Board of Revenue (NBR) to submit a report within one month after investigation.

The court also asked the business daily "Banik Barta" to submit proof of its news report as well.

Besides, a ruling has been issued by the court asking authorities concerned to explain about their inactivity in taking action following the allegations.

A writ petition was filed with HC on Thursday seeking its directive to investigate about properties of 459 Bangladeshis in Dubai. Advocate Subir Nandi filed the writ petition attaching a report in this regard published by "Banik Barta".

According to the news report, a huge amount of money has been transferred to Dubai from different parts of the globe including Bangladesh openly and secretly. 

Based on a report of US-based Centre for Advanced Defense Studies, the EU Tax Observatory said 459 Bangladeshis have purchased properties in Dubai concealing the information in their own country and the number of properties was 972 in 2020. 

According to the report, Bangladeshis have purchased properties worth approximately one billion dollars during this period and Bangladeshi people were the top buyers in the real estate sector of Dubai. 

The United Arab Emirates (UAE) is now in any way trying to boost foreign investment. For this, it is offering various facilities for rich people from abroad to buy properties.  

Experts believe that huge amount of money are being transferred due to the lack of effective and strong measures to stop money laundering, it said.