The anti-graft watchdog says the information received about the land and apartments in the name of Masud in parts of Dhaka will be investigated. On Sept 25, the ACC announced a probe against Masud after receiving allegations of “money laundering and acquisition of huge wealth" through irregularities and corruption. The agency also formally launched an investigation into the allegations against Masud following the development. Despite having "confirmed information" about money laundering against Tanaka Group, SA Group, and Anwar Group, Masud did not send the complaints to law-enforcing agencies and registered them by "taking personal advantage”, the complaints said. There are several other allegations of money laundering against Masud.

Source: bd News24 January 03, 2025 03:01 UTC