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Sheikh Hasina's Family Assets Seized, 124 Bank Accounts Frozen.
Published On Thu, 13 Mar 2025
kartik kumar
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A Dhaka court has taken a significant legal step by ordering the seizure of former Prime Minister Sheikh Hasina’s residence, ‘Sudhasadan,’ located in Dhanmondi, along with other properties belonging to her family members who are currently in exile in India. The directive, issued by Dhaka Metropolitan Senior Special Judge Zakir Hossain Ghalib, also includes freezing 124 bank accounts associated with Hasina and her relatives. This move is part of a broader legal effort to investigate alleged financial irregularities and corruption linked to the former leader.
The frozen accounts belong to Sheikh Hasina, her son Sajib Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, and her children, Tulip Siddique and Radwan Mujib Siddique. The court’s decision was made in response to a petition by the Anti-Corruption Commission (ACC), which has been actively investigating financial transactions tied to Hasina’s family. This legal action underscores the growing tension between Bangladesh and India, as Hasina continues to make public statements from exile that the Bangladesh government claims are fueling instability.
Sheikh Hasina fled to India after being ousted from power in a massive student-led movement on August 5, which resulted in over 600 deaths and widespread unrest. The protests ultimately led to the formation of an interim government under Nobel Laureate Muhammad Yunus. Since her departure, Bangladesh’s government has expressed strong objections to her political activities and statements, accusing her of attempting to undermine the country’s stability from abroad. The strained relations between Bangladesh and India have further intensified due to Hasina’s presence in India, with officials in Dhaka urging New Delhi to take action against her.
The Bangladesh Financial Intelligence Unit (BFIU) has reported the discovery of significant financial assets linked to Hasina and her family. According to their findings, the frozen bank accounts hold Tk 635.14 crore, and in addition to the seized properties within Bangladesh, there are reports of valuable assets owned by the family in foreign countries. The extent of these financial holdings has raised concerns among authorities, prompting legal measures to prevent further transactions that could impact ongoing investigations.
This court ruling represents a major escalation in the legal proceedings against Sheikh Hasina and her family. The Bangladesh government is actively pursuing efforts to bring her back to face allegations of corruption and financial misconduct. As the political landscape continues to evolve, this legal action marks a critical turning point in the country’s ongoing struggle with corruption and political accountability. The case against Hasina and her family is expected to have significant implications for Bangladesh’s political future, as authorities push forward with their efforts to recover alleged misappropriated assets and restore public confidence in the legal system.
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