Britain’s serious crime agency has frozen UK property worth £170m belonging to the former land minister of Bangladesh amid a crackdown on former allies of Sheikh Hasina, the autocratic leader deposed in last year’s student-led revolution.
The National Crime Agency (NCA) confirmed it had frozen assets belonging to Saifuzzaman Chowdhury, who is among allies of Hasina whose sizeable UK real estate portfolios have come under scrutiny by authorities in Dhaka investigating alleged corruption.
Analysis of Land Registry documents indicates that all of Chowdhury’s more than 300 properties are subject to asset freezing orders, preventing them from being sold or transferred.
These include a luxury home in St John’s Wood, London, bought for £11m in 2022, and an apartment block in Fitzrovia, bought for £12.65m a year earlier, part of a portfolio bought for an estimated £170m.