ACC freezes, seizes Tk2,261cr in domestic, foreign assets in January

The Anti-Corruption Commission (ACC) seized and froze assets worth more than Tk2,261 crore at home and abroad based on different court orders in January this year. This 
information has been revealed in the monthly report of the ACC head office.
According to the ACC, a list of movable and immovable properties was submitted to the commission based on 29 court orders in January. Among them, 22 orders were for seizing assets and 11 orders were for freezing assets.
Assets seized in Bangladesh
Inside the country, the ACC seized 69.26 acres of land, four buildings, six flats, two shops, one commercial space, one FDR (Fixed Deposit Receipt), six vehicles and one insurance policy.
The total value of seized assets in Bangladesh is about Tk44.69 crore.
In addition, about Tk8.17 crore was found in 79 bank and savings accounts. Two BO (Beneficiary Owner) accounts and shares worth Tk12 lakh were also frozen.
Assets seized and frozen abroad
The ACC also seized many properties in different countries – 44 flats in the United States, two flats in the Philippines, nine flats in India, 47 commercial spaces in Malaysia, 117 properties in Cambodia, 23 properties in Thailand, 59 properties in the United Arab Emirates and 33 apartments in Singapore and other countries.
The total value of these seized and frozen foreign properties is about Tk2,216.68 crore.

In addition, foreign investments worth $100,000 were seized, which equals Tk1,22,26,000 (calculated at an exchange rate of 122.26 per USD).
Legal actions in January
In addition, 76 FIRs (complaints) were filed against 467 individuals, 36 charge sheets were filed against 110 individuals, and nine FRs (final reports) were filed, acquitting 11 individuals.
The commission started 92 new inquiries, closed 19 cases through settlement and issued 38 orders for submitting asset statements.
The ACC said that the process of identifying, seizing and preserving illegally acquired assets is continuing as per the court's instructions.