The Aporia · From July Uprising leader to graft probe: Former Yunus govt advisor Asif Mahmud under scanner

Bangladesh’s Anti-Corruption Commission is investigating Asif Mahmud Shojib Bhuyain, a leader in the July Uprising that ousted Sheikh Hasina’s government, for money laundering involving $1.05 billion. The ACC has requested financial details from the Financial Intelligence Unit regarding Bhuyain and his wife’s transactions during his time as an adviser in Muhammad Yunus-led interim administration. Key accusations include laundering Taka 11,000 crore across five countries and using illicit funds to purchase land abroad.

Written by AI on 2026-09-18, from this article's own text only (the story summary below draws on all the coverage).

Story summary

Bangladesh’s Anti-Corruption Commission (ACC) sought details about financial transactions and assets of Asif Mahmud Shojib Bhuyain, a prominent leader in the 2024 July Uprising that ousted Sheikh Hasina's government. The ACC alleged Bhuyain laundered $1.05 billion during his tenure as an adviser under Muhammad Yunus’s interim administration. This period followed Sheikh Hasina’s ouster and ended after the February 12 elections, where the Bangladesh Nationalist Party (BNP) won. The commission accused Bhuyain of laundering Taka 11,000 crore across five countries, with Taka 4,500 crore reportedly transferred to Dubai. Additionally, he is suspected of using illicit funds to purchase land in Portugal. In response to the investigation, Bhuyain stated that if found guilty, he would prefer serving prison time rather than fleeing the country.

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Bangladesh’s anti-graft agency said Friday it has sought details of the financial transactions of Asif Mahmud Shojib Bhuyain, a prominent leader of the 2024 “July Uprising” that ousted the Sheikh Hasina government, as part of a money-laundering investigation. asserted

that → say → investigation

Mahmud and his wife have been accused of laundering $1.05 billion during his tenure as an adviser in the Muhammad Yunus-led interim administration, which governed Bangladesh following Sheikh Hasina’s ouster. asserted

which → accuse → ouster

The Yunus-led administration stepped down after the February 12 elections, which were won by the Bangladesh Nationalist Party (BNP). asserted

which → lead → Party

“We have asked the Financial Intelligence Unit to provide comprehensive information on the financial transactions and assets of Asif Mahmud Shojib Bhuyain and his wife,” an Anti-Corruption Commission (ACC) spokesman told reporters, PTI reported. asserted

PTI → ask → reporters

A key allegation against Bhuyain is that he was involved in laundering Taka 11,000 crore across five countries, including Taka 4,500 crore allegedly siphoned off to Dubai. uncertain

he → involve → Dubai

He is also accused of using illicit funds to purchase land in Portugal. asserted

He → accuse → Portugal

Bhuyain has said that, if found guilty, he would rather serve a prison sentence than flee the country. asserted

he → say → country

The ACC has reportedly received more than 2,000 written complaints against advisors and officials of the interim administration. uncertain

ACC → receive → administration

ACC Secretary Saidur Rahman Khan previously denied allegations that Bhuyain was being deliberately targeted, saying the proceedings against him were being conducted strictly in accordance with the law. asserted

proceedings → deny → law

The anti-graft body launched its investigation on September 2 and has since obtained documents from the local government and youth ministries, which Bhuyain headed during the interim administration. asserted

Bhuyain → launch → administration

Before leaving office, advisors to the interim government disclosed their wealth statements. asserted

advisors → leave → statements

Bhuyain, who reportedly did not have a Taxpayer Identification Number before joining the administration, declared assets worth Taka 15.3 lakh at the time. uncertain

who → have → time

From July Uprising leader to graft probe: Former Yunus govt advisor Asif Mahmud under scanner

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