Court directs ACC to freeze Orion Group chief’s bank accounts, family included
- Update Time : 12:20:58 pm, Monday, 10 March 2025
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A Dhaka court has directed the Anti-Corruption Commission (ACC) to freeze 31 bank accounts linked to Orion Group Chairman Mohammad Obaidul Karim and eight of his family members due to corruption allegations. The court also ordered the confiscation of a flat valued at Tk 95.90 lakh and 43.25 acres of land worth Tk 2.90 crore.
Among those affected by the order are Obaidul Karim’s wife, Arzuda Karim, their son Salman Obaidul Karim, who serves as the managing director of Orion Group, and their daughter Zareen Karim. Judge Md Zakir Hossain of the Dhaka Metropolitan Senior Special Judge’s Court issued the ruling following an application from ACC Deputy Director Md Rashedul Islam, the lead investigator in the case.
ACC Public Prosecutor Mahmud Hossain Jahangir represented the anti-graft body in court. In its petition, the ACC stated that Obaidul Karim, along with his family members and related organizations, faced serious allegations of money laundering involving crores of taka. The commission further noted that the accused were attempting to transfer assets and funds elsewhere, which could obstruct the ongoing investigation.
Earlier, on February 17, the same court imposed a travel ban on Obaidul Karim, his wife, son, and daughter as part of the corruption probe. Additionally, on September 18 last year, the Bangladesh Financial Intelligence Unit had instructed banks to freeze accounts owned by Obaidul Karim and his son.
