Bank account of Salim-Shamim Osman family seized

The Bangladesh Financial Intelligence Unit (BFIU) has seized the bank accounts of Narayanganj's two former Members of Parliament (MPs) Shamim Osman and AKM Salim Osman and their family members. At the same time, bank account transactions of their owned businesses have been suspended.

On Tuesday (20 August) the BFIU sent instructions to banks and financial institutions in this regard.

BFIU's letter said that no transaction can be done for the next 30 days as these are personal and business. If necessary, the period of suspension of transactions 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. In the letter, names, national identity cards of Shamim Osman, his wife Salma Osman Lipi, son Ayan Osman and daughter Laviba Joha and AKM Salim Osman and his wife Nasreen Osman have been given.

The BFIU directive further states that banks and financial institutions have been asked to send account related information or documents such as account opening form, KYC and transaction statement within 5 working days from the date of letter in case of suspension of an account.