Bangladesh seizes $6.2 bn in assets linked to Sheikh Hasina, family and business groups

Bangladesh has confiscated assets worth 760 billion taka (around $6.2 billion) linked to former prime minister Sheikh Hasina, her family members and 10 business groups, as authorities continue investigations into alleged corruption and money laundering following her ouster last year.

The Bangladesh Financial Intelligence Unit (BFIU) said on Wednesday that assets worth 570 billion taka had been seized within the country, while another 190 billion taka had been confiscated overseas.

Presenting the agency's annual report, BFIU chief Ikhtiar Mohammad Mamun said authorities had registered 98 cases as part of ongoing investigations involving Hasina and individuals associated with her administration.

The Bangladesh Financial Intelligence Unit said it had seized assets worth 570 billion taka in Bangladesh and another 190 billion taka overseas.

More from World

"We are still working to recover the money laundered overseas," Mamun said. "We hope to share positive developments by the end of this year".

Since she was ousted, Hasina has been convicted in absentia in several cases, including corruption cases linked to the allocation of plots in an upmarket area of the capital Dhaka.A court has also sentenced her to death over crimes against humanity.

Hasina has remained in India since fleeing Bangladesh in August 2024, and recently said she intended to return by the end of the year. Home Minister Salahuddin Ahmed said that the government, which has sought her extradition, wanted to ensure Hasina returns to face justice. "The verdict will be implemented. The court will decide whether there is any scope for an appeal," he said.

With inputs from agencies