Bangladeshi Court Orders Seizure of Shakib Al Hasan's Assets in Cheque Fraud Case

As of March 24, 2025, police reported their inability to arrest Shakib. Consequently, the court ordered the confiscation of his properties.

Bangladeshi cricketer Shakib Al Hasan is facing legal challenges after a Dhaka court ordered the seizure of his assets in connection with a cheque fraud case involving approximately Tk4.15 crore from IFIC Bank. 

In 2017, Shakib's company, Shakib Al Hasan Agro Farm Limited, secured loans totalling Tk2.5 crore from IFIC Bank's Banani branch. After failing to repay the working capital loan on time, the bank converted it into a term loan. Despite multiple notices demanding repayment, the company issued two cheques amounting to Tk4.14 crore on 4th September, 2024. These cheques were dishonoured due to insufficient funds. 

On 15th December, 2024, IFIC Bank's Public Relations Officer, Shahibur Rahman, filed a case against Shakib and three others. The court summoned the accused to appear on 19th January 2025. While one director surrendered and secured bail, Shakib and the managing director did not appear, leading to the issuance of arrest warrants against them. 

As of March 24, 2025, police reported their inability to arrest Shakib. Consequently, the court ordered the confiscation of his properties. 

This development coincides with Shakib's 38th birthday, adding to his challenges. He has not yet publicly responded to the court's order.

2 Comments

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Mar 30, 2025 | 5:50 PM

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Mar 30, 2025 | 5:50 PM

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