Bangladesh Bank authorities have taken action against individuals of Orion Group suspected of money laundering activities. The banks on Wednesday have been instructed to freeze the accounts and revoke the locker privileges of six individuals including Orion group and their associated businesses.
The directive, issued under Section 23(1)(g) of the Money Laundering Prevention Act, 2012, aims to curb illicit financial flows. The individuals involved include Obaidul Karim, Arzuda Karim, Salman Obaidul Karim, Zareen Karim, Mehadi Hasan and Rezaul Karim.
The bank has been ordered to submit detailed account information, including opening forms, statements, and supporting documents, within seven days. The authorities have emphasized the need for strict confidentiality regarding this matter.
As part of their investigation, law enforcement agencies are examining the financial transactions of the individuals and their associates to identify any suspicious activities. This move is seen as a significant step in the government's efforts to combat financial crimes.
