The Bangladesh Financial Intelligence Unit (BFIU) has suspended the bank account of Nazrul Islam Majumder, Chairman of Exim Bank and the Bangladesh Association of Banks (BAB).
The directive, issued on Sunday, also includes the suspension of bank accounts belonging to Majumder's wife, son, and daughter.
According to the BFIU's instruction, any accounts in their names, as well as those tied to privately owned entities, are to be suspended for 30 days under Section 23(1)(c) of the Prevention of Money Laundering Act, 2012.
Additionally, the BFIU ordered the suspension of access to any lockers in their names for the same period.
This development follows recent political changes in the country, leading to financial investigations involving key figures from the previous government and business community.
