Salary of just 11 lakh, over 450 properties across globe…this Bangladesh leader is…., Sheikh Hasina is his….

Saifuzzaman Chowdhury was a minister in Sheikh Hasina's government.

Published date india.com Published: March 4, 2025 1:07 PM IST
Saifuzzaman Chowdhury
Salary of just 11 lakh, over 450 properties across globe...this Bangladesh leader is...., Sheikh Hasina is his....q

Saifuzzaman Chowdhury, a minister in Sheikh Hasina’s government in Bangladesh, is the target of the interim government led by Mohammad Yunus. The reason for this is his immense wealth. Interestingly, Saifuzzaman gets a salary of Rs 11 lakh but owns over 490 properties in several countries, including America, London, and Dubai. Out of these, 300 properties are in the United Kingdom alone. These details were revealed in an investigative report by a media house.

Who is Saifuzzaman Chowdhury?

Saifuzzaman Chowdhury was a minister in Sheikh Hasina’s government. Sheikh Hasina had to step down from the top position and had to flee the country following massive protests in 2024. Chowdhury also left the country following protests in August.

He had declared his assets to be worth Rs 20 crore in his income tax return. Chowdhury’s father Akhtaruzzaman was a confidant of Sheikh Hasina.
He was also the founding member of United Commercial Bank. He is accused of killing the founding chairman of UCB. Between 1992 and 2024, his family bought several properties worth over USD 295 million in major cities in the world.

Notably, Chowdhury’s net worth started increasing in 2019. During that period, he was serving as the land minister in the government. According to the report, he has property in Burj Khalifa in Dubai, in London’s Commuter Town, more than 300 houses in the UK, in Singapore and Malaysia.

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Frozen Bank Accounts

As reported by Al-Jazeera, the central bank of Bangladesh has blocked the bank accounts belonging to Chowdhury and his family. Additionally, the country’s anti-corruption commission has initiated an inquiry into claims that he unlawfully acquired significant sums of money, amounting to thousands of crores of taka (hundreds of millions of dollars), and subsequently laundered these funds in the UK.

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