News Flash
DHAKA, July 11, 2026 (BSS) - A legal notice has been served on the authorities concerned alleging that Md Showkat Ali Chowdhury, chairman of Eastern Bank PLC, laundered USD 25 million kept in the United Kingdom to Dubai.
The legal notice was served today on eight government officials, including the Governor of the Bangladesh Bank, the Chairman of the National Board of Revenue (NBR), and the head of the Bangladesh Financial Intelligence Unit (BFIU).
The notice, sent by Supreme Court lawyer AHM Rezwanul Sayed through registered post, described Md Showkat Ali Chowdhury as a citizen of Saint Kitts and Nevis and an associate of the much-discussed banking sector figures S Alam and Nazrul Islam Mazumder.
The notice sought an explanation from the authorities concerned as to why appropriate legal action had not been taken in this connection. It also demanded that action be taken against those responsible and that the facts be made public within the next seven days. Failing that, appropriate legal action would be initiated, the notice said.
