BFIU ask banks, NBFIs to freeze accounts of Matiur, family

Bangladesh Financial Intelligence Unit of Bangladesh Bank has asked all banks and non-banking financial institutions to freeze all accounts of former NBR member Matiur Rahman and his family members.

The BFIU on Tuesday issued letters to all banks and non-bank financial institutions to freeze those accounts for 30 days, said a BFIU official.

The Bangladesh Securities and Exchange Commission also blocked the BO [beneficiary owner] accounts of Matiur and his family who were now facing allegations of amassing illegal wealth.

The two regulatory bodies took the decision as the Anti-Corruption Commission urged them to freeze all financial transaction related accounts of the NBR official and his family for the sake of a fair inquiry into graft charges.

Matiur was president of NBR’s Customs, Excise and VAT Appellate Tribunal, but the finance ministry removed him from the post on Sunday, and attached him to the Internal Resources Division amid graft allegations.