A Dhaka court has ordered the freezing of 445 bank accounts belonging to former City Bank Limited official Sheikh Md Wazih Uddin, 61 other individuals, and their related entities amid ongoing investigations into online fraud, cyber gambling, and other financial irregularities.
Dhaka Metropolitan Sessions Judge Md Sabbir Faiz issued the order on Monday following a petition by the Criminal Investigation Department (CID). Court bench assistant Riaz Hossain confirmed the directive.
CID’s petition, filed by Additional Special Superintendent of Police Suman Kumar Saha of the Cyber Investigations and Operations of Cyber Police Center (CPC), alleged that Sheikh Md Wazih Uddin deposited nearly Tk51.12 crore in cash across five accounts through online scams.
Investigators found that a total of 595 accounts associated with Wazih Uddin, SM Junaidul Haque, Omar Heet Hitlu, Mehedi Hasan Talukdar, and 61 others, along with their affiliated organizations, had deposits of approximately Tk1,212 crore and withdrawals totaling about Tk1,207 crore.
Further analysis revealed the accounts were linked to online gaming, betting, cyber fraud, hundi transactions, domestic and foreign currency smuggling, cryptocurrency trading, and tax evasion.
The court noted that freezing these accounts was necessary to prevent further misuse and preserve evidence for the ongoing investigation.
