told investigators at a recent briefing. “To create a prosperous nation for future generations, these individuals must be brought under the law. A strong precedent must be set so that no one dares follow the same path.”

Several individuals have already been sued under these directives.

Industrial groups and political links

The probe points directly to the owners of some of Bangladesh’s top industrial groups. Among those named in CIC reports are S Alam Group, Beximco, Sikder Group, Nassa Group, Orion, and Summit.

Aramit Group, owned by former land minister Saifuzzaman Chowdhury, and IPE Group Managing Director Adnan Imam have also been linked.

Investigators said businessmen who flourished under the Awami League government, along with influential political leaders and MPs, appear on the list.

How citizenships were bought

Beyond offshore assets, the CIC has identified 352 Bangladeshis who purchased foreign passports through investment or cash payments.

Countries include: Antigua and Barbuda, Austria, Dominica, Grenada, Saint Kitts and Nevis, Malta, Saint Lucia, Turkey, and North Macedonia.

In one case, a single passport reportedly cost $1.2 million.

Officials believed the drive to secure second citizenships was linked to fears of domestic crackdowns and a desire to secure safe havens abroad.

Where the money went

Investigators mapped the siphoned wealth to seven major cities across five countries, with concentrations in: