Dhaka, June 17 -- The Anti-Corruption Commission (ACC) has launched a formal investigation into allegations of laundering approximately Tk 2,000 crore against former Bangladesh High Commissioner to the United Kingdom, Saida Muna Tasneem, and her husband, Tauhidul Islam Chaudhury, chairman of Generation Next Fashion Ltd.

ACC Chairman Mohammad Moinuddin Abdullah confirmed the inquiry during a press briefing on Monday (16 June), stating that the couple is accused of siphoning funds from multiple financial institutions using 12 fictitious entities in collaboration with their primary business.

According to ACC officials, loans were allegedly secured from several banks and financial institutions-including UCBL, Bank Asia, EBL, City Bank, BRAC...