Bangladesh, Aug. 25 -- The High Court has issued a rule asking why legal action should not be taken against officials of the Bangladesh Financial Intelligence Unit (BFIU) for alleged inaction over the recovery of an "undisclosed" $25 million held in the United Kingdom by former Eastern Bank chairman Mohammad Showkat Ali Chowdhury.

The bench of Justice Fahmida Kader and Justice Md Hamidur Rahman passed the order on Tuesday, also directing the Anti-Corruption Commission (ACC) to dispose of, within 30 days, an application filed by Supreme Court lawyer AHM Rezwanul Sayed alleging the transfer and laundering of the money.

The order came following a writ petition filed by Sayed, which named the ACC and its chairman, the head of the BFIU, the...