Obaidul Karim's bank account of Orion along with his wife and children was seized
September 18, 20241 Min Read

Jumbangla Desk: Orion Group Chairman Obaidul Karim's bank account has been seized. At the same time, the bank accounts of 6 people including his wife and children and their related businesses have also been asked to be suspended.

On Wednesday (September 18), Bangladesh Bank's Financial Intelligence Unit (BFIU) sent instructions in this regard to banks and financial institutions of the country.

In the letter, the names of Obaidul Karim and his wife Arjuda Karim, son Salman Obaidul Karim, Mehdi Hasan and daughter Zareen Karim have been given along with the national identity card information. Apart from this, Rezaul Karim's name and national identity card information is also given.

All transactions through the personal and business accounts of individuals whose accounts have been frozen will be suspended. For the next 30 days, you will not be able to make any kind of transaction. If necessary, this period of suspending the transaction will be extended. BFIU's letter said that relevant provisions of the Prevention of Money Laundering Rules will apply to this order to suspend transactions.

The BFIU directive further states that banks and financial institutions have been asked to send the account-related information or documents such as account opening form, KYC and transaction statement etc. to them within two working days from the date of the letter in case of suspension of an account.