CID investigating Nafeez over alleged money laundering

 
The Criminal Investigation Department, or CID, has launched an investigation into Chowdhury Nafeez Sarafat, a financial market operator accused of rogue trading, under the Money Laundering Prevention Act.

"CID's financial crime unit has started an investigation against Chowdhury Nafeez Sarafat and individuals and entities associated with him for alleged irregularities and corruption under the Money Laundering Prevention Act," it said in a statement on Sunday. The CID also said the probe includes Nafeez, his wife Anjuman Ara Shahid, and other relevant associates.