The Anti-Corruption Commission (ACC) has confiscated assets worth Tk 3.43 billion of BNP leader Mosaddek Ali Falu.
ACC's Deputy Director Gulshan Anowar Prodhan froze the assets on Thursday (Oct 31) following a court order.
On May 13, the anti-graft body filed a case against Falu, a former member of BNP Chairperson Khaleda Zia’s advisory council, and three others under Money Laundering Act for siphoning Tk 1.84 billion to Dubai.
During the investigation of the case, the ACC found another Tk 3.43 billion of wealth amassed "illegally" by him, said the commission’s Public Relations Officer Pranab Kumar Bhattacharya.
According to the ACC, Falu, along with the three businessmen, opened offshore companies -- Al Madina International Ltd, Tri Star Ltd and Development EUE -- in Dubai in 2010.
Through this, they siphoned off Tk 1.84 billion from the country.