News Flash
DHAKA, April 30, 2025 (BSS) - A Dhaka court has ordered to freeze shares and funds of Basundhara Group Chairman Ahmed Akbar Sobhan and his family members in response to a petition by the Anti-Corruption Commission (ACC).
According to court sources, shares of 22 enlisted companies worth about Taka 1,458.75 crore and bank deposits amounting to Taka 19.81 crore and USD 10,538 in 70 bank accounts have been frozen following the court directive.
The order was issued today by Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib, following a petition submitted by the Anti-Corruption Commission (ACC).
The accounts and shares are registered under the names of Ahmed Akbar Sobhan, his sons Sayem Sobhan Anvir, Sadat Sobhan, Safiat Sobhan Sanvir, and Safwan Sobhan, as well as daughters-in-law Sonia Ferdousi Sobhan and Yasha Sobhan.
According to the ACC’s petition, the family deposited Taka 2,075.40 crore and USD 192,034 across the 70 accounts over time, which was later withdrawn.
The remaining balances-Taka 19.81 crore and USD 10,538, were identified and frozen as part of the ongoing investigation.
Besides, the court has ordered for freezing 75,86,90,302 shares, valued about Taka 1,458.75 crore, held in the names of the accused individuals.
The order has been issued under the Money Laundering Prevention Act, 2012, and will remain in force until further notice.
The ACC is conducting an inquiry into allegations that members of the Basundhara chairman's family amassed wealth beyond known income sources and laundered funds through domestic and foreign channels.
