The Bangladesh Financial Intelligence Unit (BFIU) has sought all banking details of cricketer and former Member of Parliament, Shakib Al Hasan, along with those of his business enterprises, to investigate potential stock market manipulation and financial irregularities.
In a related move, the BFIU has also requested account information concerning Shakib’s wife, Umme Roman Ahmed, issuing letters to the relevant banks on Tuesday (1 October).
This investigation follows the recent decision by the Bangladesh Securities and Exchange Commission (BSEC) to impose a fine of Tk50 lakh on Shakib Al Hasan.
The penalty was levied on 24 September for manipulating stock transactions involving Paramount Insurance, in violation of the country's securities laws.
Shakib, who was elected as a Member of Parliament from the Magura-1 constituency under the Awami League’s "boat" symbol during the 12th National Parliamentary Election, has faced additional legal troubles after the fall of the Sheikh Hasina government on 5 August.
He has since been implicated in a murder case filed at the Adabor Police Station.
Shakib’s foray into the world of business began with a restaurant venture.
Over time, he expanded his investments across various sectors, including the stock market, power plants, cosmetics, travel agencies, hotels, event management, as well as crab and prawn farms.
His most recent business ventures include the footwear industry and e-commerce, with Monarch Mart serving as Shakib Al Hasan’s e-commerce platform.
