Dhaka: The Anti-Corruption Commission (ACC) has initiated legal proceedings against former Finance Minister AHM Mustafa Kamal, also known as Lotus Kamal, along with his wife Kashmiri Kamal and their daughters Kashfi Kamal and Nafisa Kamal. The cases involve allegations of accumulating illegal wealth.
According to Bangladesh Sangbad Sangstha, ACC Director General (Prevention) Md Akhter Hossain revealed during a briefing that four separate cases have been lodged against the family members. The charges include the accumulation of illegal wealth amounting to Taka 27.5 crore and suspicious transactions totaling Tk 446 crore across 32 bank accounts.
The ACC’s investigation uncovered that Kashmiri Kamal was involved in undeclared assets worth Tk 44 crore. She allegedly established a business entity in her name and conducted suspicious transactions amounting to Tk 26 crore through 20 accounts linked to her and the entity.
The investigation further disclosed that Lotus Kamal’s daughter, Kashfi Kamal, possessed undeclared assets valued at Tk 31 crore. She reportedly executed suspicious transactions worth Tk 177 crore through 38 personal and business accounts.
Additionally, the ACC found that another daughter, Nafisa Kamal, amassed illegal assets valued at Tk 62.14 crore, exceeding her known sources of income. She is accused of making suspicious transactions totaling Tk 199 crore using 17 personal and business accounts.
The cases have been filed under the Anti-corruption Commission Act, 2004, the Money Laundering Prevention Act, 2012, and the Prevention of Corruption Act, 1947.