Bangladesh

Tulip's illegal assets will be confiscated!

Naharin Jannat
3 months Ago

The government of Bangladesh is working to recover billions of dollars laundered abroad. As part of this effort, it has decided to seize Tulip Siddiq’s illegal assets, according to officials in Dhaka. Tulip was forced to resign from her ministerial position due to allegations of corruption, embezzlement, and concealing information about two gifted flats in London.


British news outlet *The Telegraph* reported that Bangladeshi officials claimed Tulip Siddiq's vast assets in London were acquired using money laundered from Bangladesh. The government is already cooperating with multiple countries to investigate corruption involving Tulip and other members of her family.


A long-time resident of the UK, Tulip Siddiq is a Member of Parliament for the Labour Party and a former City Minister. She is the daughter of Sheikh Rehana and the niece of Sheikh Hasina. Tulip recently resigned from her ministerial position following allegations linking her and the Sheikh family to corruption.


After a change of government in Bangladesh, the Anti-Corruption Commission (ACC) began investigating allegations of corruption involving Sheikh Hasina and her family. Meanwhile, the UK's National Crime Agency (NCA) has also launched an investigation against Tulip.


Before her resignation, information about several properties owned by Tulip in London surfaced. One flat was allegedly gifted by a businessman close to Sheikh Hasina, reportedly bought using laundered money from Bangladesh.


The ACC suspects that approximately £3.9 billion embezzled from the Rooppur Nuclear Power Plant, funded by Russia, involved Tulip, Sheikh Hasina, and other family members.


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