Court freezes 10 accounts of Gemcon Group director Kazi Inam

BSS
Published On: 15 Apr 2026, 13:26

DHAKA, April 15, 2026 (BSS) - A Dhaka court has ordered the freezing of 10 accounts belonging to Gemcon Group director Kazi Inam Ahmed in connection with graft allegations.

Of the accounts, eight are bank accounts while the remaining two are credit cards.

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order allowing a petition filed by the Anti-Corruption Commission.

In its plea, the ACC said it has filed a case against Kazi Inam Ahmed on charges of amassing illegal wealth of Tk 32.66 crore beyond known sources of income and conducting suspicious transactions worth Tk 74.78 crore through 14 bank accounts in his name with different banks.

The anti-graft body further said that the case is currently under investigation and officials have found information on movable assets acquired in the accused's name.

It also said there is a possibility that the accused may transfer or dispose of the assets, change ownership through other means, or attempt to flee the country to evade investigation.

Therefore, freezing the assets has become necessary in the interest of proper investigation.
 

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