The Criminal Investigation Department (CID) has identified more than Tk 127 crore in suspicious bank transactions connected to Faisal Karim Masud, the main accused in the killing of Inqilab Moncho spokesperson Sharif Osman Hadi, and his associates. Following a review and analysis of information obtained from various law enforcement and intelligence agencies, the CID has launched an investigation under the Money Laundering Prevention Act to probe potential financial crimes.
Abu Taleb, Additional Superintendent of Police (Media) of the CID, provided the information on Sunday night (21 December).
He said that although Faisal Karim Masud, also known as Daud Khan or Rahul, has not yet been arrested, several of his family members and accomplices have been detained for concealing evidence and aiding the suspect’s escape. During the operations, the CID began examining multiple bank cheque books, which revealed that the accused and related individuals or entities had recorded various sums of money, totaling approximately Tk 218 crore.
However, preliminary analysis shows that over Tk 127 crore of these funds involved suspicious transactions, potentially linked to money laundering, organised crime, or terrorism financing.
Abu Taleb added that the CID has launched a separate money laundering investigation. Legal measures are also underway to seize around Tk 65 lakh from the bank accounts of the accused and their associates in favor of the state.
Investigations continue to identify the main sources of these funds and determine whether a structured network was involved in planning, financing, or supplying weapons for the killing.
The CID emphasised that efforts to arrest the main suspect and dismantle the entire criminal network are ongoing, in coordination with other agencies.
Notably, Osman Hadi was shot on 12 December in the Bijoynagar Box Culvert area of Dhaka. He died on 18 December while undergoing treatment in Singapore.