Nazrul Islam Mazumder's Illegal Wealth Mirrors His Brazen Atrocities

 
Nassa Group's proprietor and branded financial thug Nazrul Islam Mazumder has amassed a staggering asset magnitude of resorts and date orchards in Dubai, United Arab Emirates (UAE) on the names of his wife, son and daughters. Moreover, Nazrul Islam Mazumder purchased with his unlawfully obtained money a broad range of wealth in Dhaka city like 350 bighas of land and 22 plots.

Top functionaries of Labour and Employments Ministry unveiled these facts and figures about Nazrul Islam Mazumder's unauthorized properties at a meeting on Tuesday.

Officials who joined the meeting informed reporters that Nazrul Islam Mazumder gobbled up plots and houses all over Dhaka city and beyond like two high-rise towers in Gulshan, 300 feet area, Jolshiri, Meghna Ghat, Thakurgaon, Chandpur, Niketan, Hatirjheel, Mohakhali DOHS, Purbachal, Diabari, Uttara, Tejgaon Industrial Area etcetera.

Advisers in charge of different key ministries, Chief Adviser's Special Assistant Lt. General (Retd) Abdul Hafiz, Financial Institutions Division Secretary, heads of law and order forces, business leaders and senior bankers attended yesterday's meeting at the Labour and Employments Ministry.

Nazrul Islam Mazumder's squalid financial rackets and rampage in banks hit news headlines over and over again even during ousted Prime Minister Sheikh Hasina's ruling period from 2009 to 2024. Nazrul Islam Mazumder held the Chairman post in Bangladesh Association of Banks (BAB) for nearly 16 years and thus he compelled private banks to pay 50 to 100 crore BDT to Sheikh Hasina's fund every year.

Nazrul Islam Mazumder had close connections with the corrupt intelligence officers during banned outfit Awami League regime. He attempted to shut down The Asian Age press in November 2019 with hired miscreants. Nazrul Islam Mazumder also forced newspapers to delete corruption reports from online portals. The Asian Age reported on Nazrul Islam Mazumder's explicit alliance with terror finance and money laundering as a result of which he sued The Asian Age on the basis of fictitious stories. Two cases filed by Nazrul Islam Mazumder against The Asian Age were quashed by the High Court a few years ago.

Reports have surfaced that even though Nazrul Islam Mazumder has been inside jail for nearly one year but he has a setup outside the walls of the prison. A great deal of government officials, law and order high-ups, senior bureaucrats and decisive regulators are Nazrul Islam Mazumder's paid agents who are still harassing honest journalists and morally strong business leaders with intimidation of trapping them into false cases. For this reason it's more than essential to extract information from Nazrul Islam Mazumder through intensive grilling to find out his vicious network to save banks, financial institutions and media professionals from the toxic claws and ploys of bandits like Nazrul Islam Mazumder.

It should also be examined without delay whether officials inside the Anti-Corruption Commission, Bangladesh Bank, Finance Ministry etcetera are still being tamed and domesticated with Nazrul Islam Mazumder's coffers filled out with hard cash. Nazrul Islam Mazumder's all smiles photographs with ousted Prime Minister Sheikh Hasina appeared on front pages of several newspapers frequently. Prediction illustrated by The Asian Age that morally perverted financial demons like Nazrul Islam Mazumder would someday bring about Sheikh Hasina's downfall and it happened straight away on 5 August 2024.

Nazrul Islam Mazumder and his accomplices seized enormous sums of loans from private banks and most of these loans became defaulted credits putting those banks into insurmountable woes. It can't be denied that monsters like Nazrul Islam Mazumder, S. Alam, Salman F Rahman and Aziz Khan would not have been created without collaboration from unscrupulous bureaucrats. Most of the Cabinet Secretaries and Principal Secretaries who held these positions during overthrown PM Sheikh Hasina's tenure from 2009 to 2024 heavily aided loan scammers and fraudsters in plundering stock markets, devastating banks and siphoned away funds from different financial reservoirs to foreign countries without intervention from regulatory authorities.

The Asian Age published investigative reports and write-ups one after another hitting hard the central bank's inactivity in holding down corruption in banks but the authorities in charge back then remained absolutely quiet and lethargic. Bangladesh Bank was converted into a rubber stamp puppeteer by two Governors-Fazle Kabir and Abdur Rauf Talukder. Whereabouts of these two vice ringmasters are still unknown to ordinary masses.