Probe alleges illicit funds channelled through bank accounts and overseas assets.
TBS Report
19 October, 2026, 05:40 pm
Last modified: 19 October, 2026, 05:48 pm
The Anti-Corruption Commission (ACC) has approved filing a case against former Bangladesh Chhatra League (BCL) leader Siddique Nazmul Alam over allegations of accumulating illegal wealth, laundering funds through bank accounts and acquiring assets abroad.
The commission approved the case after reviewing the inquiry officer's report and other relevant documents, ACC Public Relations Officer and Deputy Director Md Aktarul Islam confirmed today (19 October).
According to the ACC, Nazmul allegedly generated money through unlawful means and attempted to legitimise the funds through transactions involving bank accounts held in his name and those of people associated with his interests.
He is also accused of laundering money abroad and using the proceeds to acquire assets outside Bangladesh.
ACC documents identify Nazmul as a former director of Farmers Bank, now known as Padma Bank.
The case will be filed under Sections 26(2) and 27(1) of the Anti-Corruption Commission Act, 2004.
On 1 October, the ACC approved taking the necessary legal steps to impose a travel ban on the former BCL leader.
Following a petition by the commission, Dhaka Metropolitan Senior Special Judge Md Shahjahan Kabir imposed the travel ban on Nazmul on 5 October.