B Mirror Report:  The Anti-Corruption Commission (ACC) has frozen and seized assets worth over Tk 70 billion linked to Beximco Group, owned by former prime minister’s adviser on private industry and investment Salman F. Rahman, amid multiple corruption allegations.

According to ACC and court sources, the action was taken following court orders in connection with 28 cases filed under a national taskforce, including 11 by the ACC and 17 by the CID. The frozen assets are currently under the management of the ACC’s Asset Management Unit to prevent any transfer or disposal.

The seized assets include Tk 67.55 billion held in 107 BO accounts, full ownership of 94 companies, around 1,970 decimals of land valued at Tk 11.93 crore, and two flats in London worth about £7.75 million (approximately Tk 128.65 crore).

A nine-member taskforce led by ACC Deputy Director Md. Zainal Abedin is investigating allegations of corruption against the Beximco Group. So far, the ACC has filed 11 cases and is preparing around a dozen more, with a focus on alleged money laundering abroad. The commission has also sent two Mutual Legal Assistance Requests (MLARs) to the United Kingdom to trace and recover suspected laundered assets.

In one major case filed on November 4, 2024, the ACC accused 34 individuals, including Salman F. Rahman, his family members, and senior officials of Janata Bank, of embezzling and laundering Tk 19.39 billion through fraudulent export documentation and LC-based transactions involving several garment companies.

In addition, two cases filed on June 3, 2025, alleged the embezzlement of Tk 11.74 billion from IFIC Bank by 39 individuals through fake companies, insufficient collateral, and forged subcontract agreements. Another case accuses 22 individuals of siphoning off Tk 1.36 billion through fraudulent import-export transactions.

Separately, in April 2025, the ACC filed a case against 30 individuals, including Salman F. Rahman and former Bangladesh Securities and Exchange Commission (BSEC) chairman Shibli Rubaiyat-Ul-Islam, over alleged misappropriation of Tk 8 billion from investors through bond-related fraud involving fake collateral and overvalued assets.

The ACC began its investigation into Salman F. Rahman following political changes in August last year. He faces allegations of taking around Tk 360 billion in loans from various banks and laundering substantial sums abroad.