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Dhaka, July 14, 2025 – The Criminal Investigation Department (CID) of Bangladesh Police has arrested Lion M K Khairul Bashar, chairman of BSB Global Network, in connection with a money laundering case. CID Special Superintendent of Police (Media) Jasim Uddin Khan confirmed the arrest on Monday.According to Khan, the CID’s Financial Crime Unit detained Khairul Bashar for his alleged involvement in money laundering. On October 17, 2024, students lodged complaints against BSB Global Network, an affiliate of Cambrian Education Group, accusing Khairul Bashar and his associates of fraud. The complaints allege that the organization defrauded over 1,000 students, embezzling more than Tk200 crore through deceptive practices. Victims have demanded justice from the interim government, calling for punishment of those responsible. The CID had previously filed a case under the Money Laundering Act on May 4, 2025, against Khairul Bashar, his wife Khandaker Selima Rowshan, their son Arsh Ibn Bashar, and others, following evidence of fraudulent activities involving fake university admission promises for overseas education.
