Court freezes foreign assets of Bashundhara chairman, family members

A Dhaka court has ordered to freeze multimillion-dollar foreign assets of Bashundhara Group Chairman Ahmed Akbar Sobhan Shah Alam and his family members in six countries and two offshore jurisdictions.

These assets include bank accounts, real estate, and business holdings, reports the country's national english daily 'The Daily Star' on Tuesday (December 3).

The family members are includes Shah Alam's wife Afroza Begum, his sons Sayem Sobhan Anvir, Bashundhara managing director, Sadat Sobhan, Shafiat Sobhan, vice-chairman of the conglomerate, and Safwan Sobhan and; Sadat's wife Sonia Ferdowshi Sobhan; Anvir's wife Sabrina Sobhan and Safwan's wife Yasha Sobhan.

Judge Md Zakir Hossain of Dhaka Metropolitan Senior Special Judge's Court on November 21 passed the order after Anti-Corruption Commission Deputy Director Nazmul Hussain, who is the head of the inquiry team, submitted an application in this regard.