Dhaka, Dec. 21 -- The Criminal Investigation Department (CID) has uncovered evidence of "suspicious transactions" worth Tk 1.27 billion in bank accounts linked to Faisal Karim Masud, key suspect in the murder of Sharif Osman bin Hadi, and his associates.

In a Sunday press note, the CID said it has launched an investigation into possible money laundering.

The disclosures were made after reviewing records provided by different law-enforcing and intelligence agencies.

While investigating the case, authorities arrested several individuals and obtained bank cheque books, which the CID has carefully examined, the statement said.

It added that these records reveal different amounts in accounts linked to the suspect and related organisations....