A Dhaka court has ordered the suspension of debit transactions on six credit cards issued by Madhumoti Bank PLC in the names of former Dhaka South City Corporation mayor Sheikh Fazle Noor Taposh and his wife, Afrin Taposh, in connection with corruption allegations.
Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order on Monday following two separate applications filed by the Anti-Corruption Commission (ACC).
Court bench assistant Md Riaz Hossain confirmed the development.
ACC Assistant Director and investigation officer Md Ferdous Rahman submitted the applications as part of ongoing investigations.
According to the ACC, Sheikh Fazle Noor Taposh is accused of abusing his power during his tenure as a member of parliament and mayor to acquire assets worth Tk73.19 crore beyond known sources of income.
The application also alleges that he conducted suspicious transactions amounting to Tk539.16 crore and $517,527 through 27 bank accounts to transfer illegal proceeds.
The ACC said blocking the debit functions of the credit cards was necessary to prevent any further withdrawal of funds during the investigation.
In a separate application, the ACC alleged that Afrin Taposh, in collusion with her husband, acquired assets worth Tk6.49 crore beyond known sources of income.
She is also accused of conducting suspicious transactions totalling Tk70.89 million and $395,963 through nine bank accounts.
The commission said restricting debit activity on her credit cards is essential to prevent potential fund withdrawals while the investigation continues.
