Dhaka, Oct. 18 -- The Criminal Investigation Department has seized three flats belonging to MK Khairul Bashar, Chairman of BSB Global Network, who was arrested in a money laundering case.

The Dhaka Metropolitan Senior Special Judges' Court issued the order on Thursday following a petition filed by the CID, the agency said in a media statement issued, reports bdnews24.com.The combined value of the seized flats is nearly Tk 40 million, the statement added.

The CID said Bashar is under investigation for amassing a large volume of assets through "fraudulent"activities.

Evidence uncovered during the inquiry led to a case being lodged against him under the MoneyLaundering Act at Gulshan Police Station on May 4, it added.

He was arrested in ...