A court has imposed a travel ban on six officials, including a director of Petrobangla and the managing director of Essential Drugs Company Limited (EDCL), in connection with three separate allegations of corruption, accumulation of illegal wealth, and money laundering. According to ACC Assistant Director Piyas Pal, Petrobangla Director Rafiqul Islam is accused of selling information on the country’s gas reserves to foreigners, providing illegal gas connections, and amassing Tk 1 billion in illegal assets through irregularities in recruitment and promotion. In the petition, the ACC stated that reliable sources indicated Rafiqul Islam could flee the country at any time. In addition, investigations are under way into allegations of money laundering against the chairman, managing director, and four other officials of International Leasing, identified as close associates of Prashanta Kumar (P K) Halder. ACC Deputy Director Moshiur Rahman sought travel bans on them, citing concerns that they might leave the country.

Source: Dhaka Tribune February 02, 2026 15:27 UTC