Salman F. Rahman’s shares and BO accounts blocked

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Salman F. Rahman’s shares and BO accounts blocked

B Mirror Desk : The court has mandated the suspension of shares in 94 companies and 107 Beneficiary Owner (BO) accounts associated with Salman F. Rahman, an advisor to former Prime Minister Sheikh Hasina, along with his son Ahmed Shayan Fazlur Rahman, their relatives, and other interested parties. On May 7, Dhaka Metropolitan Senior Special Judge Zakir Hossain Ghalib approved the Anti-Corruption Commission’s (ACC) request. Among the BO accounts, 28 belong to Salman F. Rahman’s companies, while 79 are registered under his personal name.

According to ACC Public Relations Officer Akhtarul Islam, Deputy Director Muhammad Joynal Abedin submitted the request for freezing these accounts, which the court subsequently approved.

The petition alleges that Salman F. Rahman and others are implicated in the embezzlement of billions of taka from shareholders through share manipulation and fraud, as well as securing loans totaling approximately 36,000 crore taka from various public and private banks in the country through unlawful means, and misappropriating billions of taka internationally. The investigation uncovered details regarding the shares and BO accounts linked to Salman F. Rahman, his family, close associates, and others.

The ACC said that they are trying to transfer, transfer or convert the shares and BO accounts of all these companies. If successful, all the objectives including filing a case in the continuation of this investigation, filing a charge sheet in the learned court, and confiscating the property acquired from the proceeds of crime in favor of the government as part of the sentence after the trial by the learned court will fail. Therefore, in the interest of a fair investigation and the establishment of justice, it is necessary to freeze the ownership shares and BO accounts of Salman F. Rahman, his family members and his associates.

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