Play store
The Anti-Corruption Commission (ACC) has approved a case against former Bangladesh Pratidin editor Naem Nizam over allegations of acquiring assets beyond his known sources of income and money laundering.
The ACC disclosed the decision at a press briefing on Wednesday.
According to the commission, Nizam acquired and possessed assets worth Tk2.085 crore beyond his known sources of income.
It also found transactions totalling Tk39.396 crore through 19 bank accounts operated in the names of organisations linked to his interests.
The ACC alleged that the money was obtained through corruption and bribery and was subsequently transferred, moved and converted to conceal or disguise its illegal source.
The case will be filed under Section 27(1) of the Anti-Corruption Commission Act, 2004, and Sections 4(2) and 4(3) of the Money Laundering Prevention Act, 2012.
Earlier, a court had ordered the freezing of bank accounts belonging to Nizam, his family members and related entities following an ACC petition.
In March, a Dhaka court ordered 22 bank accounts of Nizam, his wife Farida Yasmin and their related interests to be frozen as part of an investigation into alleged illegal wealth accumulation and money laundering.