The Bangladesh Financial Intelligence Unit (BFIU) has frozen 500 bank accounts of various individuals and organizations after the fall of the immediate past Sheikh Hasina government which took place on 5 August 2024. An amount of Tk 14,500 crore has been deposited in these confiscated accounts. Former Land Minister Saifuzzaman Chowdhury Jabed and S Alam are top in the list.

Besides, the seized accounts belong to former ministers, state ministers, MPs, controversial businessmen, and top figures of important organizations and business organizations with vested interests. The BFIU has already provided information about the accounts to various government agencies, including the police force and the Anti-Corruption Commission (ACC), to take legal action.

Since August 5, the BFIU has sent letters to different countries seeking specific information about money laundering by six business groups. In addition, 343 individuals and 200 organizations are being investigated in 110 cases. 225 investigation reports have already been sent to the Crime Investigation Department (CID) with information about suspicious transactions in the account. Cases will be filed against them later.

So far, the BFIU is investigating allegations of various irregularities, charges of money laundering, loan scams, and embezzlement of government funds by 20 business groups. A total of 17 business groups, including Beximco, Summit, Bashundhara, Orion, Sikder, Nasa, and Nabil, are being investigated.

Among the businessmen, Md. Saiful Alam Masud, the owner of S Alam Group, along with 13 family members and his personal officer, Md. Akiz Uddin. On the other, Beximco Group Vice Chairman Salman F. Rahman, his son Ahmed Shayan Fazlur Rahman, and daughter-in-law Shajareh Rahman.

Further, the list includes 11 family members of Summit Group, including Md. Aziz Khan and Md. Faruk Khan, 8 family members of Bashundhara Group Chairman Ahmed Akbar Sobhan, 6 family members of Obaidul Karim of Orion Group, Diamond World's Dilip Kumar Agarwala and his wife, 6 family members of Nabil Group Managing Director Aminul Islam, Nasa Group owner Nazrul Islam Majumder and his wife, 14 family members of late Zainul Haque Sikder, and Chowdhury Nafiz Sarafat, his wife Anjuman Ara Shahid, and son Rahib Safwan Sarafat Chowdhury.

Former Prime Minister Sheikh Hasina's son Sajeeb Wazed Joy, daughter Saima Wazed Hossain Putul, and her sister Sheikh Rehana's son Radwan Mujib Siddique Bobby's accounts have also been seized.

In addition, there are also former Minister Nasrul Hamid Bipu, seven members of the family of Sheikh Hasina's paternal half-brother Abul Hasnat Abdullah, nine members of the family of her cousin Sheikh Salahuddin Jewel, five members of the family of Sheikh Fazlul Karim Selim, and Sheikh Helal Uddin, his wife Rupa Chowdhury, and son Sheikh Tanmoy in the list.

Apart from this, the accounts of Energy and Mineral Resources Advisor Taufiq-E-Ilahi Chowdhury, 4 family members of former Prime Minister's Military Advisor Major General (Retd) Tariq Ahmed Siddique, and former Director General of NTMC Major General (Retd) Ziaul Ahsan and his wife have been frozen.

Former chairman of Premier Bank, Dr. HBM Iqbal, Chairman of NRBC Bank SM Parvez Tamal, Md Adnan Imam and Chief Financial Officer or CFO Md Mahbubul Alam. Among others, former chairman of SBAC Bank  Zafar Iqbal Hawladar and former MP Abu Zafar Mohammad Shafi Uddin, former MD of Union Bank ABM Mokammel Haque Chowdhury and his wife Nazneen Akter, former Chairman of Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat-Ul-Islam and Chief Executive Officer (CEO) of wealth management company LR Global Riaz Islam and 18 individuals and institutions are also on the list. The bank accounts of five members of the former Speaker of the

National Parliament, Shirin Sharmin Chaudhury, have been frozen. Awami League General Secretary Obaidul Quader, Awami League Presidium Member Ramesh Chandra Sen, and Joint General Secretaries Mahbubul Alam Hanif and Jahangir Kabir Nanak, and Organizing Secretary Khalid Mahmud Chowdhury, and Foreign Minister AH Mahmood Ali are included in the frozen accounts list.