News Flash

DHAKA, March 15, 2026 (BSS) - A Dhaka court has ordered the freezing of 20
bank accounts belonging to online ticket booking company FEBD Limited (Flight
Expert) and its chairman Salman Bin Rashid Shah Sayem.
According to the investigation officer, Sub-Inspector (SI) Zahid Raihan of
the Criminal Investigation Department (CID), the accounts currently hold a
total balance of approximately Taka 4.10 crore.
Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order,
allowing a petition filed by the CID, the investigation agency of the case.
The petition stated that FEBD Limited (Flight Expert) allegedly collected
advance payments from individuals and organisations through online airline
ticket sales and booking services but failed to provide tickets to customers
and instead misappropriated the funds through fraudulent means.
It further said that on August 2, 2025, the company's Chairman Salman Bin
Rashid Shah Sayem shut down the office and fled to Canada.
Review of the 20 bank accounts found that customers and various sub-agents
deposited money in different amounts at different times.
The petition added that freezing the accounts under Section 14 of the Money
Laundering Prevention Act, 2012, was necessary to ensure a proper
investigation, as there was a risk that the funds could otherwise be
transferred or embezzled.