Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Muni Bonds Face Many Post-Election Possibilities
    • AWSHX – American Funds Washington Mutual Investors Fund Class A NAV & Performance
    • 3 Technology Mutual Funds for Fantastic Returns
    • From Managing Investment Portfolios To Leading A Mutual Fund Business, Ashutosh Bhargava Takes Charge As Neo Mutual Fund CEO After His Nippon India Stint
    • Ashutosh Bhargava appointed CEO at Neo Mutual Fund
    • His Paper Savings Bonds Can Be Converted Into Electronic Ones, So They Can’t Be Lost in a Drawer or a Move
    • Desjardins Investments announces the launch of the Desjardins Sustainable Systematic Global Equity Fund
    • Citigroup’s Jane Fraser Says Hedge Funds Drove the Sell-Off. Here’s Why She Doesn’t Expect It to Get Worse
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Court orders seizure of ex-National Bank chairman Sikder family’s 35.3cr Baht investments in Thailand
    Investments

    Court orders seizure of ex-National Bank chairman Sikder family’s 35.3cr Baht investments in Thailand

    September 29, 2025


    The ACC says in the interest of the government’s authority to confiscate assets and ensure justice, it was necessary to seize the assets immediately

    TBS Report

    29 September, 2025, 04:15 pm

    Last modified: 29 September, 2025, 04:23 pm

    Zainul Haque Sikder. Photo: Collected

    “>
    Zainul Haque Sikder. Photo: Collected

    Zainul Haque Sikder. Photo: Collected

    A Dhaka court has ordered the seizure of investments worth 35.3 crore Baht held in seven companies in Thailand under the names of three children of late Zainul Haque Sikder, former chairman of the National Bank.

    Dhaka Metropolitan Senior Special Judge Sabbir Foyez issued the order in response to an application from the Anti-Corruption Commission (ACC) today (29 September), confirmed ACC’s Public Relations Officer Aktarul Islam.

    Zainul’s three children are Ron Haque Sikder, Rick Haque Sikder, and Parveen Haque Sikder.


    The Business Standard Google News
    Keep updated, follow The Business Standard’s Google news channel

    According to court documents, their investments are spread across seven Thai companies: KOI Restaurant Company Limited, Sikder Group Limited, Sikder Holdings Limited, R&R Restaurant Group Limited, Zirara Company Limited, JR Architects International Company Limited, and Sikder & Garrett Development Company Limited.

    ACC Assistant Director Md Ashikur Rahman submitted the application on behalf of the commission.

    The application stated that a seven-member team is investigating allegations against the Sikder Group.

    Investigators learned that the accused were attempting to transfer their movable and immovable assets abroad.

    They also said such transfers could obstruct the investigation.

    The ACC argued that, in the interest of the government’s authority to confiscate assets and ensure justice, it was necessary to seize the assets immediately.

     





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Desjardins Investments announces the launch of the Desjardins Sustainable Systematic Global Equity Fund

    November 9, 2026

    AI economics: How to decide which AI investments are worth scaling

    November 6, 2026

    Asset Owner Insights: CPP Investments says sustainable investing must evolve

    November 6, 2026
    Leave A Reply Cancel Reply

    Top Posts

    After the Midterms, Which of These 3 Defense ETFs Looks Strongest?

    November 8, 2026

    Muni Bonds Face Many Post-Election Possibilities

    November 9, 2026

    Citigroup’s Jane Fraser Says Hedge Funds Drove the Sell-Off. Here’s Why She Doesn’t Expect It to Get Worse

    November 9, 2026

    Oxford City Council urged to avoid property investments

    February 16, 2021
    Don't Miss
    Bonds

    Muni Bonds Face Many Post-Election Possibilities

    November 9, 2026

    Politicians, particularly when they’re on the winning end of the deal, often say elections have…

    AWSHX – American Funds Washington Mutual Investors Fund Class A NAV & Performance

    November 9, 2026

    3 Technology Mutual Funds for Fantastic Returns

    November 9, 2026

    From Managing Investment Portfolios To Leading A Mutual Fund Business, Ashutosh Bhargava Takes Charge As Neo Mutual Fund CEO After His Nippon India Stint

    November 9, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    A Guide for Individual Investors

    March 4, 2026

    ENRA fournira un navire de stockage de 32 millions de dollars à SIP JDA

    June 22, 2025

    Asiya Capital Investments – Perte du 4ème trimestre 4,9 millions de dinars -Le 19 mars 2025 à 08:03

    March 19, 2025
    Our Picks

    Muni Bonds Face Many Post-Election Possibilities

    November 9, 2026

    AWSHX – American Funds Washington Mutual Investors Fund Class A NAV & Performance

    November 9, 2026

    3 Technology Mutual Funds for Fantastic Returns

    November 9, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.