Cyprus Freezes Property of Bangladeshi Tycoon Amid €8 Billion Money Laundering Probe

Cyprus freezes property of Bangladeshi tycoon facing €8bn laundering probe

The Nicosia district court has frozen a property in Parekklisia owned by Bangladeshi businessman Mohammed Saiful Alam and his wife following a request submitted by Bangladeshi authorities as part of an ongoing criminal investigation into alleged bank fraud and money laundering. The freezing order was issued on May 19 after an application by the anti-money […]