London – Authorities in the United Kingdom have initiated the sale of assets belonging to former Bangladesh Land Minister Saifuzzaman Chowdhury to settle debts amounting to $350 million. Creditors include Singapore’s DBS Bank, British Arab Commercial Bank, and Bangladesh’s United Commercial Bank. The move follows earlier money-laundering allegations against Chowdhury and investigations by Bangladeshi authorities, which uncovered his extensive UK holdings. The UK’s National Crime Agency (NCA) seized several of his properties in June at Bangladesh’s request. Six of his companies are now under court-appointed administration. Chowdhury maintains his innocence, claiming the assets were purchased with legitimate funds.