Al Jazeera's Investigative Unit went undercover to reveal how a former government minister from Bangladesh built a half billion-dollar property empire on a modest official salary
As Saifuzzaman Chowdhury Javed’s grip over United Commercial Bank (UCB) created a trail of disguised loans with abuse of political influence after he became a minister in 2019 back home, his brother Anisuzzaman Chowdhury Ronny’s assets saw a meteoric rise in the UK.
Former land minister Saifuzzaman Chowdhury has built up a UK real estate empire of more than 350 properties worth about £200 million, Bloomberg News reported on Sunday.
Land Minister Saifuzzaman Chowdhury Javed has at least 260 properties in the United Kingdom for which he has paid at least GBP 134.76 million or Tk 1,888 crore, according to The Daily Star’s calculation from company filings publicly available on UK government websites.
Al Jazeera's Investigative Unit went undercover to reveal how a former government minister from Bangladesh built a half billion-dollar property empire on a modest official salary
As Saifuzzaman Chowdhury Javed’s grip over United Commercial Bank (UCB) created a trail of disguised loans with abuse of political influence after he became a minister in 2019 back home, his brother Anisuzzaman Chowdhury Ronny’s assets saw a meteoric rise in the UK.
Former land minister Saifuzzaman Chowdhury has built up a UK real estate empire of more than 350 properties worth about £200 million, Bloomberg News reported on Sunday.
Land Minister Saifuzzaman Chowdhury Javed has at least 260 properties in the United Kingdom for which he has paid at least GBP 134.76 million or Tk 1,888 crore, according to The Daily Star’s calculation from company filings publicly available on UK government websites.