Ex-minister Saifuzzaman's seized assets in the UK worth Tk1,025 cr, says ACC
The ACC estimates the value of properties under ZTS Properties alone at £73.15 million, which is around Tk1,025 crore
Former land minister Saifuzzaman Chowdhury Javed's seized assets in the United Kingdom are estimated to be worth approximately £73.15 million — equivalent to Tk1,025 crore in Bangladeshi currency — according to the Anti-Corruption Commission (ACC).
In a press conference today (16 June), ACC Chairman Mohammad Abdul Momen revealed the figures, stating that the seized properties include 343 flats, plots and shares in ten associated companies.
He said that during a recent official visit to the UK, the ACC held meetings with the UK's National Crime Agency (NCA), where a preliminary list of individuals suspected of money laundering was shared.
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"This cooperation enabled us to identify and move forward with the seizure of a large amount of assets owned by the former land minister," the ACC chairman said.
He added that the seizure order was issued by a Bangladeshi court on 16 October 2024, and a Mutual Legal Assistance Request (MLAR) was subsequently submitted to the UK's central authority.
The ACC estimates the value of properties under ZTS Properties alone at £73.15 million, which is around Tk1,025 crore.
Additionally, frozen bank deposits under the former minister's name are valued at approximately £2.5 million — roughly Tk35 crore — though officials believe the actual amount may be higher.
