CID finds Tk 127 Cr in suspicious transactions linked to Hadi murder accused

CID - Criminal Investigation Department_11zon

Dhaka, Dec 21 — The Criminal Investigation Department (CID) has detected suspicious financial transactions worth more than Tk 127 crore in several bank accounts belonging to the main accused, Faisal Karim Masud, and his associates in the murder of Sharif Osman Bin Hadi.

Based on information received from various law enforcement and intelligence agencies, the CID has initiated a money laundering investigation under the Prevention of Money Laundering Act, 2012, according to a press release issued on Sunday.

Following the fatal shooting of Inqilab Moncho Spokesperson Osman Hadi in Purana Paltan, Dhaka, on December 12, the CID launched a shadow investigation covering multiple aspects of the case. These include immediate crime scene management, collection and analysis of CCTV footage, recovery of bullet casings, and forensic examination of evidence. As part of the continuing probe, the CID has now expanded its investigation to financial transactions after obtaining bank account details from multiple sources.

Although the prime accused Faisal Karim Masud—also known as Daud Khan and Rahul—has not yet been arrested, several of his family members and associates have been detained on charges of concealing evidence and assisting his escape.

During arrest operations, investigators seized several checkbooks linked to the accused and related individuals and organizations. Preliminary scrutiny of these records indicates financial dealings amounting to approximately Tk 218 crore, though the figures are yet to be finalized.

Initial analysis has revealed unusual transactions exceeding Tk 127 crore across multiple accounts, which investigators suspect may be linked to money laundering, organized crime, and the financing of terrorist activities.

In response, the CID has launched a separate money laundering case and is taking steps to confiscate around Tk 65 lakh from various bank accounts of the accused and his associated individuals and entities in favor of the state.

Meanwhile, multiple CID teams are working to trace the original sources of the funds and to determine whether an organized and influential network was involved in planning, financing, and supplying weapons for the murder. - UNB