Bangladesh has confiscated assets worth 760 billion taka ($6.2 billion) linked to former Prime Minister Sheikh Hasina, her family, and several business groups, authorities announced on Wednesday. The seizures are part of an ongoing corruption and money laundering investigation launched after Hasina was removed from power in 2024. The case represents one of the country’s largest-ever asset recovery efforts.
The Bangladesh Financial Intelligence Unit (BFIU) said it had seized 570 billion taka in assets within Bangladesh and another 190 billion taka overseas. BFIU chief Ikhtiar Mohammad Mamun said authorities have registered 98 cases involving Hasina and individuals or companies linked to her. He added that investigations into overseas assets are continuing and further recoveries are expected before the end of the year.
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Authorities launched the investigations after Hasina was ousted during a student-led uprising in 2024 and later fled to India. Since then, investigators have examined allegations involving her personal wealth, family members, and major business groups accused of benefiting during her 15 years in office. Officials say the investigations remain ongoing as financial records continue to be reviewed.
Hasina has since been convicted in absentia in multiple cases, including corruption charges related to the allocation of residential plots in Dhaka. A Bangladeshi court has also sentenced her to death in a separate case involving crimes against humanity. She has remained in India since leaving Bangladesh but recently said she intends to return before the end of the year.
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Bangladesh’s Home Minister Salahuddin Ahmed said the government continues to seek Hasina’s extradition to ensure she faces legal proceedings at home. He said the court would determine whether any appeal is permissible under the law before implementing its verdicts. The government maintains that efforts to recover alleged illicit assets and prosecute related cases will continue.