BFIU asks banks to freeze accounts of Salman F Rahman and family
The Bangladesh Financial Intelligence Unit (BFIU) today directed all banks to freeze accounts belonging to Salman F Rahman, the former adviser on private industry affairs to former Prime Minister Sheikh Hasina, along with those of his wife and son.
Banks were also instructed to suspend transactions across these personal accounts for an initial period of 30 days, according to a letter.
The BFIU requested an update on the status of these accounts within five working days of the issuance of the letter.
Salman, a prominent Bangladeshi businessman and former member of parliament, was arrested on August 13.
He is alleged to have been heavily involved in financial transgressions, particularly within the banking sector, which is now mired in irregularities.
One of the banks with substantial exposure to Salman's Beximco Group is Janata Bank.
Salman's notorious legacy appears to have extended to his son, Ahmed Shayan Fazlur Rahman, who recently lost his directorship at IFIC Bank due to loan irregularities.
Despite this, Salman remains chairman of IFIC Bank.
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