Bangladesh seizes $6.2b in assets tied to ousted PM Hasina
Bangladesh authorities have seized $6.2 billion in assets linked to former Prime Minister Sheikh Hasina and her associates following her ouster in 2024. The government is actively pursuing legal action and extradition efforts to hold the former leader accountable for corruption and human rights abuses.
Why it matters
This represents a significant shift in Bangladesh's political landscape and highlights the ongoing efforts to recover state wealth and enforce judicial accountability.
DHAKA - Bangladesh has confiscated assets worth 760 billion taka (about $6.2 billion) linked to ousted prime minister Sheikh Hasina, her family and 10 business groups, authorities said Wednesday.
Since Hasina was toppled in a student-led mass uprising in 2024 and fled to India, authorities have investigated the former prime minister's wealth and looked into her relatives and major business groups accused of benefiting during her 15-year, iron-fisted rule.
The Bangladesh Financial Intelligence Unit said it had seized assets worth 570 billion taka in Bangladesh and another 190 billion taka overseas.
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The agency's chief, Ikhtiar Mohammad Mamun, told reporters while presenting the annual summary of its activities that authorities had opened 98 cases as part of the investigations into Hasina and those associated with her.
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