DHAKA, Jan 4, 2026 (BSS0 - The Criminal Investigation Department (CID) has frozen 123 bank accounts belonging to former Member of Parliament Sheikh Salahuddin Jewel and his associates over allegations of money laundering.

According to the CID’s Financial Crime Unit, the frozen accounts value at a total of TK 48,47,23,570.38. 

In addition, savings certificates worth TK 30 lakh and three BO (Beneficiary Owner) accounts maintained with ICB Securities Trading Company Ltd. and Royal Capital Ltd. have also been seized.

Sheikh Salahuddin Jewel, a former MP and Vice Chairman of Madhumoti Bank PLC, is the prime accused in the case. Other individuals under investigation include his wife Shahana Yasmin  Shampa, Director of Madhumoti Bank PLC; his three brothers—Sheikh Jalal Uddin Rubel, Sheikh Sohel Uddin, and Sheikh Belal Uddin Babu; his sister Tahmina Khabir; three sisters-in-law Shirin Sheikh, Farmina Khanam, and Sheikh Wahida Sultana; and his niece Sheikh Tasmia Sunehra.

Following preliminary findings indicating money laundering through extortion and intimidation, the CID’s Financial Crime Unit submitted an application to the Metropolitan Sessions Judge (Special Judge) Court in Dhaka. Acting on the application, the court on Sunday, 4 January 2026, ordered the freezing of the bank accounts, savings certificates and BO accounts.

The CID stated that investigation activities against Sheikh Salahuddin Jewel and his associated persons are ongoing. Authorities added that appropriate legal action will be taken under the Money Laundering Prevention Act upon completion of the investigation.