Ex-MP Shambhu's 33 bighas of land seized, 16 bank accounts frozen
Seized assets worth Tk2.37cr; frozen accounts hold Tk10.62cr
A Dhaka court has ordered the seizure of 33 bighas of land and an apartment in Uttara's Sector-18 belonging to former member of parliament (MP) of Barguna-1 constituency, Dhirendra Debnath Shambhu, amid an ongoing investigation by the Anti-Corruption Commission (ACC).
The court also ordered the freezing of one family savings certificate, two fixed deposit receipts (FDRs), two vehicles, and 16 bank accounts held in Shambhu's name.
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The order was issued today (3 July) by Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib, following a petition filed by ACC's Assistant Director Khairul Islam, according to court sources.
The approximate value of the seized assets is estimated at Tk2.37 crore, while the frozen bank accounts hold around Tk10.62 crore.
According to the petition, Shambhu is accused of acquiring wealth worth Tk5.41 crore beyond known sources of income and engaging in suspicious financial transactions totalling Tk41.93 crore across 16 bank accounts.
The charges include unlawful transfer, conversion, and concealment of wealth under Section 27(1) of the ACC Act 2004, Sections 4(2) and 4(3) of the Money Laundering Prevention Act 2012, and Section 5(2) of the Prevention of Corruption Act 1947.
Investigators said that Shambhu had been attempting to transfer or dispose of his properties, making immediate seizure of his assets and freezing of bank accounts essential for the integrity of the investigation.
Earlier, on 11 November 2024, the Detective Branch (DB) of Dhaka Metropolitan Police arrested Shambhu from the city's Uttara area.
He was later shown arrested in connection with the murder case of businessman Abdul Wadud, which occurred during a protest in Dhaka's New Market area during the mass uprising in last year's July-August period.
Following multiple remand periods, Shambhu is currently in jail.
