Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds
    • UK equity funds see £71 billion outflow in a dismal decade
    • This small-cap mutual fund has grown investors’ wealth over 4x in 6 years
    • Active ETFs step out of the shadows as advisors rethink portfolio construction
    • Mutual funds want commodity ETFs other than gold and silver. But is this feasible?
    • Software sell-off, corporate bonds & GSK
    • Top Transportation Mutual Funds
    • How innovation, accessibility and flexibility are driving a renaissance in Japanese ETFs
    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 Sikder family’s Tk133cr investments in Thailand
    Investments

    Court orders seizure of Sikder family’s Tk133cr 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, 04:52 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, equivalent to Tk133 crore, 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.

    Also read: Vested quarters conspiring to tarnish reputation with misleading information: Sikder Group on ACC case

    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

    Tube Investments Q3 Results: Profit jumps 18%, margin expands; dividend declared

    February 4, 2026

    SEI Investments (SEIC) Surpasses Revenue and Core EPS Estimates in Q4 2025

    February 3, 2026

    Microsoft AI investments raise questions about long-term strategy

    January 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Active ETFs step out of the shadows as advisors rethink portfolio construction

    February 6, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds

    February 6, 2026

    SEBI revamps Mutual Fund rules to boost cost transparency, ease investor burdenIANS The Securities and…

    UK equity funds see £71 billion outflow in a dismal decade

    February 6, 2026

    This small-cap mutual fund has grown investors’ wealth over 4x in 6 years

    February 6, 2026

    Active ETFs step out of the shadows as advisors rethink portfolio construction

    February 6, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    GII Saudi Arabia plans to double its US investments in the next four years

    March 18, 2025

    Amplify ETF Adds AI Tilt to Cloud ETF

    October 21, 2024

    Banks stick to ESG bonds, EU GBS yet to gain traction | articles

    October 22, 2025
    Our Picks

    SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds

    February 6, 2026

    UK equity funds see £71 billion outflow in a dismal decade

    February 6, 2026

    This small-cap mutual fund has grown investors’ wealth over 4x in 6 years

    February 6, 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

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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