In case of suspicious transactions, bank accounts will be seized: BFIU
The Bangladesh Financial Intelligence Unit (BFIU), a wing of the Bangladesh Bank, has instructed banks to take action and seize accounts immediately against suspicious transactions and money laundering.
The BFIU issued the warning in a meeting today (8 August) with the Chief Anti-Money Laundering Officers of all state-owned and private banks in the country.
The measure was taken to prevent corrupt government officials and politicians from diverting and laundering money from banks during the evolving situation of the country.
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The financial intelligence also said, "Strict action will be taken if concessions are made through acquaintance or nepotism."
Earlier on Wednesday, the head of BFIU was attacked by the officers and employees of the central bank on charges of arbitrariness, irregularities, and corruption.
The BFIU sources said that many corrupt government officials and politicians are trying to withdraw money from their bank accounts. After the Awami League government's fall, Islami Bank rejected a cheque for Tk548 crore from one of their institutions on Wednesday.
As a result, the BFIU has taken such measures to prevent money laundering and illegal transaction of money.
