Tk 331mn in 46 accounts of former MP Nasim frozen amid corruption probe

The ACC cites risk of fund transfers abroad during ongoing inquiry

A Dhaka court has ordered the freezing of 46 bank accounts containing over Tk 331.9 million belonging to AFM Bahauddin Nasim, a former member of parliament, and his associates.

Dhaka Metropolitan Senior Special Judge Sabbir Faiz passed the order on Sunday following an application by the Anti-Corruption Commission (ACC).

Court official Riaz Hossain said the application was submitted on behalf of the national anti-graft agency by its Deputy Director Hossain Sharif, seeking to block transactions in the accounts.

The petition claims that Nasim and his family members have allegedly amassed vast movable and immovable assets both at home and abroad through "abuse of power and corruption".

The commission noted that intelligence reports suggest the suspects are actively trying to withdraw and move funds from different bank accounts.

“If the funds are transferred from these accounts, there is a risk of financial loss to the state,” the application reads. “Under these circumstances, it is necessary to suspend transactions and freeze the bank accounts.”