News Desk :
Britain’s National Crime Agency (NCA) has secured court orders freezing two London properties owned by Ahmed Shayan Fazlur Rahman, the son of Salman F Rahman, a former investment adviser to ousted Bangladeshi Prime Minister Sheikh Hasina, in connection with ongoing investigations into alleged embezzlement by the previous regime.
The freezing orders pertain to a luxury apartment at 17 Grosvenor Square, purchased in 2010 for £6.5 million, and a property in Gresham Gardens, north London, acquired in 2011 for £1.2 million, according to UK property and company records. Both properties are owned via offshore entities registered in the Isle of Man.
The NCA confirmed it had obtained the freezing orders as part of a civil investigation, stating: “We can confirm that the NCA has secured freezing orders against property in 17 Grosvenor Square, London, and Gresham Gardens, London, as part of an ongoing civil investigation.
We cannot comment further at this time.” A freezing order is a legal measure that prevents the sale or transfer of assets while investigations are ongoing.
UK electoral roll records indicate that Sheikh Rehana-sister of Sheikh Hasina and mother of British MP Tulip Siddiq-has previously resided at the Gresham Gardens property, though her current residence is unclear.
Ahmed Rahman is under investigation by the Bangladesh Anti-Corruption Commission (ACC), alongside his father, Salman Rahman, according to ACC chair Mohammad Abdul Momen. Salman Rahman is also the founder of Beximco, one of Bangladesh’s largest conglomerates.
A representative for Ahmed Rahman said he “denies any involvement in any alleged wrongdoing in the strongest possible terms” and will cooperate fully with any UK investigation.
The spokesperson added, “It is well known that there is political upheaval in Bangladesh, where numerous allegations are being made against many hundreds of individuals. We would expect the UK authorities to take this into consideration.”
Neither Salman Rahman nor Sheikh Rehana were immediately available for comment.
Sheikh Hasina, who served as Prime Minister from 2009 until her ousting in August 2024 amid mass protests led by students, is currently residing in India.
The interim government, led by Nobel Peace Prize laureate Muhammad Yunus, has embarked on sweeping reforms aimed at restoring insti
tutional independence across Bangladesh’s police, judiciary, and media.
Yunus has tasked central bank governor Ahsan Mansur with spearheading efforts to recover billions of dollars allegedly siphoned off by figures close to the former administration.
Authorities have since frozen assets and bank accounts tied to members of the former regime and are working with foreign governments, including those of the US and UK, to reclaim embezzled funds.
