DHAKA, Nov 05, 2025 (BSS) - A Dhaka court has ordered freezing of 35 BO (Beneficiary Owner’s) accounts belonging to the Chairman, Managing Director and Directors of Ring Shine Textile Limited (DEPZ).

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order, allowing a petition of the Anti-Corruption Commission (ACC).

According to the petition filed by the investigating officer, ACC Assistant Director Rubel Hossain, these BO accounts contain a total of Taka 172.15 crore.

The ACC in its plea said an investigation is going on into a collective financial fraud and misappropriation of Taka 275 crore related to the share issuance of the publicly listed Ring Shine Textile Limited. It has become essential to freeze the movable assets of the company’s chairman, managing director, directors, and the institution itself,it added.

The petition also said, “It has been found that the accused individuals and entities are attempting to transfer or hand over these movable assets elsewhere. Therefore, it is urgently necessary to freeze the movable properties without delay.”