Abu Taher BappaPublished:
2020-07-10 09:03:10 BdST
BB asks banks, NBFIs to freeze Regent Group chairman’s accounts
The Bangladesh Bank (BB) has asked all scheduled banks and non-banking financial institutions (NBFIs) to freeze accounts of Regent Group Chairman Md Shahed and his family members for 30 days.
Bangladesh Financial Intelligence Unit (BFIU) of the central bank issued a notification in this connection on Thursday, officials said.
The BFIU will also investigate the bank accounts of Regent Group chairman and his family members, they added.
“We’ll submit an intelligence report to the law enforcers in this connection after completing our investigation,” a BB senior official said.
As a result, no money can be withdrawn from the bank accounts. Besides, no financial benefits will be allowed to be taken out of those bank accounts.
All the transactions conducted in banks in the name of Md. Shahed and the institutions concerned with his interests were directed to be blocked for 30 days by the power of the Prevention of Money Laundering Act.
At the same time, the banks were asked to send all the account information including his transaction details to BFIU immediately.
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