Bangladesh's Anti-Corruption Commission (ACC) has appointed a new team of officials to further the ongoing investigation into allegations of corruption and money laundering against former national cricket captain and ex-MP Shakib Al Hasan. The renewed effort reflects the commission’s commitment to promptly advance the case after months of inquiry.
The ACC probe centers on several serious charges against Shakib, including involvement in stock market manipulation, illegal gambling businesses, gold smuggling, and corruption linked to his financial transactions. Shakib’s investments in shares of companies like Paramount Insurance have come under intense scrutiny. Investigators allege that a syndicate, including Shakib and others, engaged in manipulative trade practices to inflate share prices, resulting in illicit gains amounting to billions of taka.
Previously, Shakib had served as a goodwill ambassador for the ACC but was later removed amid these allegations. A Dhaka court has imposed a travel ban on Shakib and 14 others linked to the case to prevent flight risk as investigations continue.
The ACC's fresh appointments underline the urgency to conclude the investigation, which now has a deadline set for late November 2025 to submit its final report to the court. The outcome of this high-profile probe will have significant implications for the former cricket star’s public and political career.
Shakib, once celebrated as Bangladesh's most successful cricketer, was elected as an Awami League MP but has remained abroad since political upheaval in August 2025
The ACC has vowed to carry out a thorough investigation to uphold transparency and justice in the case.
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