Bangladesh tax-dodge probe uncovers father-son duo’s Dubai tower investment - News Summed Up

Bangladesh tax-dodge probe uncovers father-son duo’s Dubai tower investment


An NBR official told bdnews24.com that the Central Intellingence Cell (CIC) froze all the family’s business accounts in Bangladesh. The CIC, while investigating “tax evasion”, also discovered details of the father and son’s business, assets, and overseas investments. According to the CIC’s report, it found evidence of the father and son’s investment in a 33-storey skyscraper in Dubai, which houses 224 apartments. A team of intelligence officers recently investigated illegal assets of Bangladeshis in the United Arab Emirates and came across information about their “investment” in the Dubai tower. A CIC official told bdnews24.com that neither Nahian nor his father obtained permission for this investment from Bangladesh.


Source: bd News24 March 29, 2025 03:33 UTC



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