Attach, freeze NASSA Group's assets, shares

A Dhaka Court on Thursday ordered the Anti-Corruption Commission (ACC) to attach 14 houses and plots in Dhaka and freeze shares of 55 companies owned by NASSA Group chairman Nazrul Islam Mazumder.

Judge Md Zakir Hossain of the Metropolitan Senior Special Judge's Court in Dhaka passed the order after hearing a petition filed by the anti-graft watchdog.

Earlier in the day, ACC assistant director Mohammad Shahjahan Miraj filed a petition seeking attachment and freeze of the assets.

ACC deputy director (public relations) and spokesperson Mohammad Akhtarul Islam confirmed the court order to the FE.

According to the petition, the ACC on 16 February 2025 filed a case against Nazrul Islam Mazumder, also former chairman of EXIM Bank, for allegedly amassing illegal wealth worth Tk 7.81 billion.

"During the investigation, the ACC came to know from difference sources that the accused is trying to sell and transfer his movable and immovable assets. The state will suffer a loss if these assets could be sold or transferred before the settlement of the case."

So, these assets need to be confiscated and frozen under the Money Laundering Prevention Act 2012 and the Anti-Corruption Commission Rules 2007," read the ACC petition filed with the court.

Upon hearing the petition, the court passed its order.

Mr Mazumder has been accused of corruption, irregularities, embezzlement, and illegal wealth accumulation.

By abusing his position, he allegedly acquired Tk 7.81 billion worth of assets through bribery and corruption, which are inconsistent with his known sources of income.

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