Court Orders Seizure and Freeze of NASSA Group Chairman Nazrul Islam Mazumder's Assets

A Dhaka Metropolitan Senior Special Judge Court has ordered the seizure and freezing of assets belonging to NASSA Group Chairman Nazrul Islam Mazumder in connection with ongoing corruption allegations.

The order, issued today (18 November) by Judge Sabbir Foyez, follows a petition filed by the Anti-Corruption Commission (ACC).

The court ordered the seizure of 53 land documents, including 16 land deeds in Tejgaon, 30 land deeds in Badda, 7 deeds covering 162 kathas of plots in the Jolshiri housing project in Purbachal. The total estimated value of these seized immovable assets is Tk180.37 crore. Three bank accounts belonging to Mazumder were ordered to be frozen, containing a total balance of Tk2.02 crore. The ACC's investigating officer, Shahjahan Miraj, filed the petition, stating that Nazrul Islam Mazumder allegedly amassed assets worth over Tk781 crore through bribery, corruption, and abuse of power. The ACC contends that these assets are disproportionate to his known sources of income, leading to a filed case.

The ACC sought the freeze and seizure to prevent the accused from selling or transferring his movable and immovable assets, which would cause losses to the state before the corruption case is finalized.