Bangladesh Defense Forum
- Copy to clipboard
- Thread starter
- #166
HASINA FAMILY, 10 BUSINESS GROUPS: BB governor asks teams to expedite graft probes
Bangladesh Bank governor Ahsan H Mansur on Thursday directed 11 joint investigation teams to expedite their probes into corruption allegations against the ousted prime minister Sheikh Hasina, her family members, and 10 business groups...
www.newagebd.net
HASINA FAMILY, 10 BUSINESS GROUPS: BB governor asks teams to expedite graft probes
Staff Correspondent 17 January, 2025, 00:25
UNB file photo
Bangladesh Bank governor Ahsan H Mansur on Thursday directed 11 joint investigation teams to expedite their probes into corruption allegations against the ousted prime minister Sheikh Hasina, her family members, and 10 business groups.
The central bank governor also asked the team to collaborate effectively to resolve data-sharing challenges.
Mansur gave the instructions at a meeting with the 11 teams, held at the central bank’s headquarters to discuss the progress and activities of the investigation teams.
The government formed the teams to investigate allegations of bribery, corruption, fraud, money laundering, tax evasion and illegal fund transfers involving Hasina, her family members, and 10 business groups.
The teams consist of members from the Criminal Investigation Department, the National Board of Revenue, the Anti-Corruption Commission and the Bangladesh Financial Intelligence Unit.
The Anti-Corruption Commission has been designated to lead the 11 joint investigation teams, as per a January 6 directive issued by the Financial Institutions Division of the finance ministry.
Mansur stressed the necessity of a coordinated approach to advancing the investigations and ensuring seamless information exchange among the teams.
According to Bangladesh Bank officials, dedicated office spaces have been allocated to the teams at the central bank’s headquarters to facilitate their work.
The investigations focus on Hasina, her family, affiliated individuals, institutions and trusts, and 10 large industrial groups — Aramit Group, S Alam Group, Beximco, Nasa Group, Sikder Group, Bashundhara Group, Summit Group, Orion Group, Gemcon Group and Nabil Group.
The owners and associates of these groups will also come under scrutiny.
At the meeting with the BB governor, the investigation teams presented updates on their progress.
Mansur urged them to intensify their efforts and maintain transparency while adhering to legal frameworks.
Media reports said that Tulip Siddiq, Sheikh Hasina’s niece, resigned from her position in the United Kingdom government on January 14 after being implicated in graft investigations in Bangladesh.
The reports said that Hasina’s family members, including Tulip, had already emerged as named targets of the ACC’s investigation into accusations of embezzlement of $5 billion connected to a Russian-funded nuclear power plant.
The investigation team will examine her alleged involvement in corruption, money laundering, bribery, and misuse of power, aligning these actions with the broader probes into Sheikh Hasina’s family.
The teams have been given strict guidelines, including adherence to anti-terror financing laws and regulations. They must also maintain confidentiality and report progress to the Financial Institutions Division under the finance ministry.
On December 2, 2024, the Financial Institutions Division directed the BFIU to launch joint investigations under anti-money laundering laws. The structure and guidelines for these investigations were revised on January 6 to enhance their effectiveness.
Staff Correspondent 17 January, 2025, 00:25
UNB file photo
Bangladesh Bank governor Ahsan H Mansur on Thursday directed 11 joint investigation teams to expedite their probes into corruption allegations against the ousted prime minister Sheikh Hasina, her family members, and 10 business groups.
The central bank governor also asked the team to collaborate effectively to resolve data-sharing challenges.
Mansur gave the instructions at a meeting with the 11 teams, held at the central bank’s headquarters to discuss the progress and activities of the investigation teams.
The government formed the teams to investigate allegations of bribery, corruption, fraud, money laundering, tax evasion and illegal fund transfers involving Hasina, her family members, and 10 business groups.
The teams consist of members from the Criminal Investigation Department, the National Board of Revenue, the Anti-Corruption Commission and the Bangladesh Financial Intelligence Unit.
The Anti-Corruption Commission has been designated to lead the 11 joint investigation teams, as per a January 6 directive issued by the Financial Institutions Division of the finance ministry.
Mansur stressed the necessity of a coordinated approach to advancing the investigations and ensuring seamless information exchange among the teams.
According to Bangladesh Bank officials, dedicated office spaces have been allocated to the teams at the central bank’s headquarters to facilitate their work.
The investigations focus on Hasina, her family, affiliated individuals, institutions and trusts, and 10 large industrial groups — Aramit Group, S Alam Group, Beximco, Nasa Group, Sikder Group, Bashundhara Group, Summit Group, Orion Group, Gemcon Group and Nabil Group.
The owners and associates of these groups will also come under scrutiny.
At the meeting with the BB governor, the investigation teams presented updates on their progress.
Mansur urged them to intensify their efforts and maintain transparency while adhering to legal frameworks.
Media reports said that Tulip Siddiq, Sheikh Hasina’s niece, resigned from her position in the United Kingdom government on January 14 after being implicated in graft investigations in Bangladesh.
The reports said that Hasina’s family members, including Tulip, had already emerged as named targets of the ACC’s investigation into accusations of embezzlement of $5 billion connected to a Russian-funded nuclear power plant.
The investigation team will examine her alleged involvement in corruption, money laundering, bribery, and misuse of power, aligning these actions with the broader probes into Sheikh Hasina’s family.
The teams have been given strict guidelines, including adherence to anti-terror financing laws and regulations. They must also maintain confidentiality and report progress to the Financial Institutions Division under the finance ministry.
On December 2, 2024, the Financial Institutions Division directed the BFIU to launch joint investigations under anti-money laundering laws. The structure and guidelines for these investigations were revised on January 6 to enhance their effectiveness.
