The Anti-Corruption Commission (ACC) has launched an investigation against Saida Muna Tasneem, Bangladesh's former High Commissioner to the United Kingdom, and her husband, Touhidul Islam Chowdhury, chairman of Generation Next Fashion Limited.
They are accused of laundering approximately two thousand crore Bangladeshi Taka from various banks and financial institutions.
They are specifically alleged to have embezzled and laundered an estimated Tk2,000 crore by taking loans from various financial institutions in the name of 12 shell companies.
ACC Chairman Mohammad Abdul Momen announced this during a press conference on Monday, June 16.
He stated that the individuals involved, in collusion with each other, obtained loans from various banks and financial institutions (UCBL, Bank Asia, EBL, City Bank, BRAC Bank, NBL, Trust Bank, Southeast Bank, AB Bank) in the names of 12 commercial entities, including Generation Next Fashion, and several fraudulent shell companies.
They then allegedly embezzled approximately Tk2,000 crore and laundered it abroad.
