Bank accounts of Menon and Mumtaz seized

The Bangladesh Financial Intelligence Unit-BFIU has frozen the bank accounts of Bangladesh Workers Party president and former parliamentarian Rashed Khan Menon and former parliamentarian and artist Mumtaz Begum.

The Bangladesh Financial Intelligence Unit-BFIU has frozen the bank accounts of Bangladesh Workers Party president and former parliamentarian Rashed Khan Menon and former parliamentarian and artist Mumtaz Begum.

The accounts of both their families and related persons have also reportedly been frozen.

According to the BFIU, the directive has been issued under Section 23(1)(c) of the Prevention of Money Laundering Act. If there is any locker facility in the name of Menon and Mumtaz, it has been asked to cancel its use.

Besides, if any account is managed in the name of Rashed Khan Menon and his related institutions and Shilpi Mumtaz Begum and her related persons and owned institutions, they have been asked to send the account information, KYC, account opening form and up-to-date transaction statement within 2 days.


Monirujjaman Monir

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