Court orders to freeze 2 accounts of Shahed’s wife

A Dhaka court yesterday ordered the authorities concerned to freeze two bank accounts of Sadia Arabi, wife of Regent Group Chairman Mohammad Shahed, in connection with a money laundering case.

Judge KM Emrul Kayesh of the Senior Special Judge's Court of Dhaka passed the order after Sheikh Md Fanafilya, a director of Anti-Corruption Commission who is leading the investigation, submitted an application.

Fanafilya said Shahed's wife had earlier opened two double benefit schemes at Premier Bank's Banani branch in the capital in which the amount stands at Tk 60,13,665.

If the accounts are not frozen, the accused can transfer the money from those accounts, Fanafilya added.

On September 2, the same Dhaka court ordered the authorities concerned to freeze 58 bank accounts of Regent Group chairman Shahed and its Managing Director Masud Parvez in connection with a money laundering case.