The bank accounts of Sheikh Fazle Noor Taposh, the former mayor of Dhaka South City Corporation, have been frozen as part of an ongoing investigation into alleged financial misconduct.

The Bangladesh Financial Intelligence Unit of Bangladesh Bank has issued directives to suspend not only Taposh’s accounts but also those of his wife, Afrin Taposh Shiwly, and their son, Sheikh Fazle Nashwan.

In a letter sent to financial institutions across the country, BFIU instructed banks to immediately halt transactions from these accounts. The accounts of their private business interests have also been included in the suspension order. According to the directive, the freeze will remain in place for at least 30 days, during which no financial activity will be permitted.

If necessary, this period may be extended, said BFIU, emphasising that the measure was taken under provisions of the Prevention of Money Laundering Act.

The BFIU has further instructed that all relevant documentation linked to the frozen accounts, including account opening forms, Know Your Customer details, and transaction histories, must be submitted to the unit within two working days of the letter’s issuance.