NBR Freezes Bank Accounts of Jatiya Party Chairman GM Quader and Family Amidst Corruption Probe
Dhaka, March 23, 2025 – The National Board of Revenue (NBR) has issued a directive to freeze all bank accounts belonging to Jatiya Party chairman and former minister GM Quader, his wife Sharifa Quader, their daughter Ishrat Jahan Quader, and son-in-law Mahfuz Ahmed. The order, issued by the NBR’s Central Intelligence Cell (CIC) on Sunday, marks a significant development in the ongoing investigation into alleged financial irregularities involving the prominent political figure.
The CIC has instructed all banks across the country to provide detailed information regarding all accounts held by GM Quader and his family members within the next 15 days. This move comes shortly after the Anti-Corruption Commission (ACC) initiated an investigation against GM Quader on March 20, following allegations of accepting bribes in exchange for party positions and nominations. The simultaneous actions by the NBR and ACC underscore the authorities’ commitment to thoroughly examining the allegations and ensuring transparency. GM Quader and his wife’s
GM Quader, who served as the Commerce Minister from 2009 to 2013 during the Awami League government and held the position of opposition leader, now faces intense scrutiny over his financial dealings. The freezing of bank accounts is a critical step in preventing any potential dissipation of assets and ensuring that all relevant financial records are preserved for the ongoing investigations.
The allegations of bribery and financial misconduct have cast a shadow over GM Quader’s political career, raising questions about the integrity of party operations and the allocation of political positions. The NBR’s directive to freeze bank accounts is seen as a proactive measure to facilitate a comprehensive and impartial investigation. GM Quader and his wife’s
This development has garnered considerable attention from the political and financial sectors, with observers closely monitoring the progress of the investigations. The NBR’s move highlights the government’s resolve to tackle corruption and uphold financial probity, regardless of the individuals involved. The outcome of these investigations is expected to have significant implications for the Jatiya Party and the broader political landscape of Bangladesh.