The High Court on Sunday ordered four agencies, including the Anti-Corruption Commission (ACC), to investigate the properties of 459 Bangladesh nationals in Dubai.
The other agencies are — Bangladesh Financial Intelligence Unit (BFIU), Criminal Investigation Department (CID) of police, and National Board of Revenue (NBR).
The High Court bench of Justice Md Nazrul Islam Talukder and Justice Khizir Hayat passed the order after hearing a writ petition in this regard.
The court asked the four agencies to submit the progress report within a month.
The court also issued a rule asking why the inaction of the authorities concerned should not be declared illegal in taking action regarding the complaint of the properties of 459 Bangladeshis in Dubai.
On January 12, Advocate Subir Nandi filed the writ petition attaching a report in this regard published in a national daily.
According to the report, a huge amount of money has been transferred to Dubai from different parts of the globe including Bangladesh openly and secretly.
Based on a report from US-based Center for Advanced Defense Studies, the EU Tax Observatory said 459 Bangladeshis have purchased properties in Dubai concealing information in their own country and the number of properties was 972 in 2020.
According to the report, Bangladeshis have purchased properties worth approximately $1 billion during this period and Bangladeshi people were the top buyers in the real estate sector of Dubai.
The United Arab Emirates (UAE) is now in any way trying to boost foreign investment. For this, it is offering various facilities for rich people from abroad to buy properties.
Experts believe that huge amounts of money are being transferred due to the lack of effective and strong measures to stop money laundering, it said.
