Court freezes 21 bank accounts of Fazle Noor Taposh, sons

A court has ordered to freeze 21 bank accounts of former Dhaka South City Corporation (DSCC) mayor Barrister Sheikh Fazle Noor Taposh and his two sons, Sheikh Fazle Nawar and Sheikh Fazle Nashwan.

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order on Monday, allowing a plea of the Anti-Corruption Commission (ACC).

The petition states that while serving as the mayor of Dhaka South City Corporation, Sheikh Fazle Noor Taposh abused his power and unlawfully acquired assets worth Taka 73.19 crore. It also alleges that through 27 bank accounts held in his name, he transferred and laundered Taka 539.16 crore and USD 5,17,527 in suspicious transactions, constituting offences of illicit enrichment and money laundering.

"Taposh's assets could not yet be completely identified. Twenty-one bank accounts have so far been traced under his name, as well as those of his children and related beneficiaries. To prevent the transfer, disposal or misuse of these movable assets, it is essential to freeze the 21 bank accounts," it added.