The ACC says in the interest of the government’s authority to confiscate assets and ensure justice, it was necessary to seize the assets immediately
Zainul Haque Sikder. Photo: Collected
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Zainul Haque Sikder. Photo: Collected
A Dhaka court has ordered the seizure of investments worth 35.3 crore Baht held in seven companies in Thailand under the names of three children of late Zainul Haque Sikder, former chairman of the National Bank.
Dhaka Metropolitan Senior Special Judge Sabbir Foyez issued the order in response to an application from the Anti-Corruption Commission (ACC) today (29 September), confirmed ACC’s Public Relations Officer Aktarul Islam.
Zainul’s three children are Ron Haque Sikder, Rick Haque Sikder, and Parveen Haque Sikder.
According to court documents, their investments are spread across seven Thai companies: KOI Restaurant Company Limited, Sikder Group Limited, Sikder Holdings Limited, R&R Restaurant Group Limited, Zirara Company Limited, JR Architects International Company Limited, and Sikder & Garrett Development Company Limited.
ACC Assistant Director Md Ashikur Rahman submitted the application on behalf of the commission.
The application stated that a seven-member team is investigating allegations against the Sikder Group.
Investigators learned that the accused were attempting to transfer their movable and immovable assets abroad.
They also said such transfers could obstruct the investigation.
The ACC argued that, in the interest of the government’s authority to confiscate assets and ensure justice, it was necessary to seize the assets immediately.