A court has ordered the freezing of bank accounts belonging to five individuals associated with the controversial Prashanta Kumar Halder, also known as PK Halder.
On Tuesday, Dhaka Metropolitan Senior Special Judge Court’s vacation bench, presided over by Judge Md Ibrahim Mia, issued the order following a petition filed by the Anti-Corruption Commission (ACC).
The individuals whose accounts have been ordered to be frozen are Amal Krishna Das, Md Siddiqur Rahman, Mahfuza Rahman Baby, Insan Ali Sheikh and Hafiza Rahman.
The petition to freeze the accounts was submitted by ACC Deputy Director Salahuddin, with Prosecutor Mir Ahmad Ali Salam representing the ACC during the hearing.
After reviewing the petition, the court granted the order.
According to the ACC petition, allegations of fraud and abuse of power against Reliance Finance and related parties are currently under investigation.
Preliminary findings indicate that the accused were directly involved in misappropriation and money laundering.
It was revealed that International Leasing and Financial Services Limited had approved loans totalling Tk121.3 crore in the names of “Simtex Industries Ltd” and “Simtex Textiles Ltd” through fraudulent practices and mismanagement, leading to misappropriation and laundering of funds.
The ACC stated that if the bank accounts associated with the accused individuals and entities are not promptly frozen, it may become impossible to seize the deposited funds in favour of the state.
Prosecutor Mir Ahmad Ali Salam confirmed the development on behalf of the ACC.
