Bangladesh’s Criminal Investigation Department (CID) has filed a money laundering case worth approximately Tk 34.69 crore against online travel company Flight Expert. The case was lodged at Motijheel Police Station based on findings from CID’s Financial Crime Unit, according to a notice signed by CID Special Superintendent (Media) Jasim Uddin Khan. The case, filed on July 11 under sections 4(2) and 4(4) of the Money Laundering Prevention Act 2012 (amended 2015), names seven accused including Flight Expert’s Managing Director and CEO Salman Bin Rashid Shah Sayem.

CID’s investigation found that Flight Expert, which began operations in 2016, collected large advance payments from customers and sub-agents for airline tickets but failed to deliver them. The company allegedly transferred funds between accounts under the names Flight Expert and FEBD, concealing the origin and ownership of the proceeds. Sayem reportedly left the country on August 1, 2025, after which other directors continued to withdraw and transfer funds.

Preliminary evidence suggests that Tk 34.69 crore was embezzled and laundered through multiple bank transactions. CID will continue its investigation and related actions.