The Anti-Corruption Commission (ACC) of Bangladesh is conducting a raid at the residence of former Bangladesh Bank Deputy Governor Sitangshu Kumar (SK) Sur Chowdhury in Dhanmondi. During the operation on Sunday, January 19, the ACC team, led by Director Md. Saimuzzaman, recovered 1.725 million Bangladeshi Taka in cash, according to an ACC source.

SK Sur Chowdhury was arrested on January 14 by an ACC team led by Deputy Director Nazmul Hossain, with support from the police's detective branch. The arrest was made in connection with a case filed on December 23 for failing to submit a statement of assets. After his arrest, he was presented in court.

The case dates back to the notorious Bangladesh Bank reserve heist on February 5, 2016, when $101 million was stolen from the bank’s foreign currency reserves held at the Federal Reserve Bank of New York. The theft came to light through a report in a Philippine newspaper, leading to the resignation of the then-governor and the removal of two deputy governors. SK Sur Chowdhury and another deputy governor, Abu Hena Mohd. Raji Hasan, were in office at the time.

There are allegations that SK Sur Chowdhury played a significant role in covering up the reserve heist. The ACC reportedly possesses critical evidence in this regard and may seek his remand for further questioning. Current and former senior officials of Bangladesh Bank remain under ACC scrutiny in connection with the heist.