A Dhaka court has ordered the seizure of 36 bighas of land in Gazipur owned by Salman F Rahman, private industry and investment adviser to former Prime Minister Sheikh Hasina. The Metropolitan Senior Special Judge Md Sabbir Faiz issued the order following a petition from the Anti-Corruption Commission (ACC). The court also froze an IFIC Bank account containing Tk 54.66 crore under Rahman’s name. The ACC alleged that Rahman and others attempted to transfer or conceal assets linked to a major fraud case. The case, filed on April 20, accuses 30 individuals, including former BSEC chairman Shibli Rubaiyat-ul-Islam, of embezzling around Tk 800 crore by fraudulently overvaluing mortgaged property to raise funds through bonds. The ACC claims the accused misused authority and manipulated valuations, inflating land worth Tk 87 crore to Tk 1,020 crore, and later diverted funds to Beximco Group and related entities.