Dhaka, Dec 22 (V7N) — The Criminal Investigation Department (CID) has uncovered evidence of abnormal financial transactions exceeding Tk 127 crore in the bank accounts of Faisal Karim Masud, alias Daud Khan or Rahul, and his associates, who are implicated in the high-profile murder of Sharif Osman Hadi. The information was disclosed on Sunday, December 21, by CID’s Additional Superintendent of Police (Media), Abu Taleb.

Based on intelligence from various law enforcement and investigative agencies, the CID has initiated an inquiry under the Money Laundering Prevention Act, 2012. Preliminary analysis revealed suspicious financial activities that could be linked to money laundering, organized crime, and the financing of terrorist activities.

The investigation follows Hadi’s shooting on December 12 at Box Culvert Road, Paltan, Dhaka. CID teams quickly responded to the scene, collecting CCTV footage, recovering bullet casings, and conducting forensic examinations. Bank records obtained during subsequent raids and arrests of several associates have shown multiple cheques documenting transactions totaling approximately Tk 218 crore. Of this, over Tk 127 crore has been flagged as irregular.

Although Faisal Karim Masud remains at large, law enforcement has arrested several family members and associates for allegedly hiding evidence and aiding the suspect’s escape. The CID is reviewing cheque books and financial statements from Faisal and related entities and has taken steps to freeze approximately Tk 65 lakh in their accounts in favor of the state. Investigators are also tracing the original sources of these funds.

CID teams are simultaneously probing whether a coordinated network facilitated the murder, including planning, financing, and weapons supply. The investigation continues across multiple fronts, with ongoing operations to apprehend Faisal Karim Masud and dismantle the broader criminal network associated with the assassination.

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