A Dhaka court has ordered the freezing of over 46.4 million shares held in Meghna Bank under the names of three individuals linked to former land minister Saifuzzaman Chowdhury Javed. The order, issued by Dhaka Metropolitan Sessions Judge Md Sabbir Foyez, follows a petition from the Criminal Investigation Department’s Financial Crimes Unit. The accused—Imrana Zaman Chowdhury, former director of Meghna Bank PLC; Utpal Pal, managing director of Steadfast Management Trading Ltd; and Nasim Uddin Mohammad Adil, a director of the same firm—allegedly used illicit funds to purchase shares worth about 599.5 million taka. Investigators claim the money originated from foreign transfers via Singapore and Dubai and was later funneled into local bank accounts to conceal its illegal source. The court ruled that freezing the shares was necessary to prevent the accused from liquidating assets and obstructing the ongoing money laundering investigation under the Money Laundering Prevention Act, 2012.