Bangladesh Bank (BB) has instructed the freezing of bank accounts belonging to Jahangir Alam, his wife Kamrun Nahar, and their associated institutions. The central bank has also mandated all financial institutions to submit detailed information, including account opening forms, within five working days.
The directive was issued by the Bangladesh Financial Intelligence Unit (BFIU), a part of the central bank, on Sunday and communicated to all banks. Under the instructions, any accounts held in the names of the specified individuals and their related organizations must have their transactions suspended for 30 days in accordance with section 23 (1) (c) of the Prevention of Money Laundering Act, 2012.
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