Court freezes 20 bank accounts of Flight Expert

A Dhaka court has ordered the freezing of 20 bank accounts belonging to online ticket booking company FEBD Limited (Flight Expert) and its chairman Salman Bin Rashid Shah Sayem.

According to the investigation officer, Sub-Inspector (SI) Zahid Raihan of the Criminal Investigation Department (CID), the accounts currently hold a total balance of approximately Tk 41 million.

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order, allowing a petition filed by the CID, the investigation agency of the case, reports BSS.

The petition stated that FEBD Limited (Flight Expert) allegedly collected advance payments from individuals and organisations through online airline ticket sales and booking services but failed to provide tickets to customers and instead misappropriated the funds through fraudulent means.

It further said that on August 2, 2025, the company's Chairman Salman Bin Rashid Shah Sayem shut down the office and fled to Canada.

Review of the 20 bank accounts found that customers and various sub-agents deposited money in different amounts at different times.

The petition added that freezing the accounts under Section 14 of the Money Laundering Prevention Act, 2012, was necessary to ensure a proper investigation, as there was a risk that the funds could otherwise be transferred or embezzled.