BSS
  15 Mar 2026, 15:17

Court freezes 20 bank accounts of Flight Expert

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.