Bank accounts of Papon, family frozen
Daily Sun Report, Dhaka
Published: 23 Aug 2024, 05:05 PM
Photo: Collected
The Bangladesh Bank’s (BB) anti-money laundering agency has asked all banks and financial institutions to halt all transactions through the accounts owned by former Cricket Board chief Nazmul Hasan Papon, and his family members.
BB’s Bangladesh Financial Intelligence Unit (BFIU) on Thursday sent a letter to relevant financial institutions to block the transactions for 30 days since the issuance of the letter. The order also applies to the bank accounts owned by businesses run by Papon and his family.
BFIU also asked banks to block the operations of any locker service used by Papon and his family members.
Banks and other financial institutions have been asked to provide account-related details within five working days since issuance of the letter.
Nazmul Hasan Papon served as the BCB president in three terms since 2012, and also was a sports minister in the ousted Awami League government. The fall of the government on 5 August prompted him to resign from his post at BCB.