The Anti-Corruption Commission (ACC) conducted a raid on the headquarters of mobile financial service provider Nagad on Sunday morning at 11 a.m., investigating allegations of financial irregularities and corruption.
According to ACC sources, the enforcement team is collecting specific data and documents to examine whether any unusual or unauthorized transactions have taken place through the mobile banking platform.
This is not the first time the agency has scrutinized Nagad. On February 12 this year, the ACC carried out a similar operation over allegations involving the laundering of approximately 750 billion BDT abroad, the presence of around 5,000 unauthorized agents, and violations of financial regulations — including a reported 70% foreign ownership in the company.
During that earlier raid, the ACC found evidence of over 6 billion BDT in irregular transactions via Nagad`s e-wallet service.
Additionally, the agency reported that the company had created a large volume of extra e-money and funneled it through several foreign companies, raising concerns about possible money laundering activities.
