Court orders freezing of 20 Flight Expert bank accounts amid fraud probe
The petition said the transactions constitute an offence under the Money Laundering Prevention Act and that freezing the accounts is necessary for the proper investigation.
A Dhaka court has ordered the freezing of 20 bank accounts of online ticket booking platform Flight Expert as an investigation is underway against its chairman, Salman Bin Rashid Shah Sayem, who allegedly fled after taking money from customers without providing tickets.
Dhaka Metropolitan Sessions Judge Md Sabbir Faiz issued the order today (15 March) following a petition filed by the Criminal Investigation Department (CID), court sources confirmed.
According to the petition, the online ticket booking company FEBD (Flight Expert) sold airline tickets online to individuals and institutions.
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The petition stated that the company collected payments through its bank accounts but allegedly failed to provide tickets to customers and misappropriated the funds through fraud.
It also said that FEBD Ltd chairman Salman Bin Rashid Shah Sayem shut down his office on 2 August last year and fled to Canada.
A review of the accounts found that customers and sub-agencies deposited various amounts of money into them at different times.
The petition said the transactions constitute an offence under the Money Laundering Prevention Act and that freezing the accounts is necessary for the proper investigation.
