DHAKA, Nov 12, 2025 (BSS) - A Dhaka court today issued an order restricting former Managing Director (MD) of Rupali Bank PLC Md Obayed Ullah Al Masud, his wife Morzina Begum, sons Junayed Julkar Nayen Tiyan and Junnun Safwan, and daughter Tasnia Tarannum Naumi from leaving the country. 

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order following a plea filed by the Anti-Corruption Commission (ACC). 

According to the petition, an investigation officer has been appointed to probe allegations of irregularities, corruption, and misappropriation of depositors' money through forgery and other means against Masud. The allegations include suspicious transactions in bank accounts operated by him and his family members. 

It said that during his tenure as Managing Director of Rupali Bank PLC, Masud allegedly sanctioned loans and diverted the funds for personal use, particularly to cover his son's educational expenses abroad. The petition also mentioned that Masud and his associates received cash deposits and funds from unknown sources, transferred money to non-operational business entities, and engaged in transactions that constitute clear instances of money laundering punishable under the Money Laundering Prevention Act.
 
Citing reliable sources, the petition stated that one son and one daughter of Masud currently reside in the United States, raising concerns that the rest of the family, including Masud himself, may also leave the country. 

Therefore, to ensure a fair and effective investigation, the court was requested to impose a travel ban on Masud and his family members.