A senior official of Bangladesh’s National Board of Revenue (NBR) is under scrutiny after investigators uncovered substantial assets allegedly acquired beyond his known sources of income, according to findings from the Anti-Corruption Commission (ACC).
The official, Kazi Abu Mahmud Faisal, is accused of amassing movable and immovable properties worth millions of taka, both in his own name and through individuals linked to him. The ACC’s preliminary investigation suggests that the declared income of the official does not justify the scale of wealth now under examination.
Faisal previously served as a Joint Commissioner of Taxes, during which period investigators allege he exploited his position by delaying tax-related files and extracting illicit payments from service seekers. He is currently serving as Additional Tax Commissioner (in charge) in Bogura.
According to ACC sources, initial findings identified assets worth approximately Tk 17.21 crore registered under his name and that of 14 associated individuals. Subsequent, more detailed inquiries have increased the estimated total to around Tk 18.16 crore.
The assets reportedly include land, apartments, and plots in several upscale areas of the capital, alongside significant financial holdings in bank accounts, savings instruments, and the stock market.
Asset Breakdown
| Category of Assets | Estimated Value (BDT) |
|---|---|
| Immovable property (land, flats, plots) | Significant portion of total wealth |
| Bank deposits | Approximately Tk 6.96 crore |
| Savings certificates | Around Tk 2.55 crore |
| Stock market investments | Over Tk 1.70 crore |
| Other movable assets | Remaining portion up to Tk 18.16 crore |
The ACC’s Director General (Prevention), Md Akhtar Hossain, confirmed that legal proceedings are underway based on the evidence gathered so far.
In a formal case filed by ACC Deputy Director Sheikh Golam Mawla, Faisal has been named alongside 13 others, including his wife, in-laws, mother, siblings, and close relatives. The case alleges offences related to money laundering, including the transfer, conversion, and concealment of illicit funds.
Investigators further claim that Faisal established a structured financial network using accounts opened in the names of family members and associates. Through this network, he is suspected of channelling and disguising illicit income as legitimate earnings.
The ACC has stated that the investigation remains ongoing. Authorities are continuing to verify the full extent of the assets, trace their sources, and examine transaction records before determining further legal action. The case forms part of a broader effort to address alleged financial irregularities within public revenue administration institutions.