Bangladesh’s Criminal Investigation Department (CID) has seized approximately 45 million shares of Meghna Bank PLC owned by former land minister Saifuzzaman Chowdhury Javed, his brother Anisuzzaman Chowdhury Rony, and Rony’s wife Imrana Zaman Chowdhury. The shares, valued at nearly Tk 60 crore, were allegedly purchased using illicit funds. According to CID, the accused had long been involved in extortion, fraud, and organized crime, generating large sums of illegal money. A portion of these funds was laundered abroad and later repatriated to Bangladesh through associates before being invested in bank shares. The Dhaka Metropolitan Senior Special Judge’s Court ordered the asset seizure on November 18 following CID’s request. The investigation, supervised by the Financial Crime Unit, is ongoing to identify other individuals involved and trace the full extent of the financial crimes.