The bank accounts of Rashed Khan Menon, president of the Workers' Party of Bangladesh, and former Member of Parliament and singer Momtaz Begum have been frozen.
Additionally, instructions have been issued to suspend the bank accounts of their privately-owned businesses.
The Bangladesh Financial Intelligence Unit (BFIU) sent directives regarding this matter to the country's banks and financial institutions on Monday.
All types of transactions in the frozen personal and business accounts will be halted for 30 days.
The BFIU's letter states that the provisions related to anti-money laundering regulations will be applicable for this suspension of transactions.
The letter includes the names and national identification information of Rashed Khan Menon and Momtaz Begum.
Furthermore, the BFIU's directive states that the relevant information or documents for the suspended accounts, such as account opening forms, KYC (Know Your Customer) details, and transaction statements, must be submitted to the BFIU within two business days from the date of the letter.
