‘Biggapan Bazar’, an advertising agency in Ctg, Bangladesh has been accused of embezzling millions of taka through a fraudulent scheme involving bank withdrawals without judicial approval at the Chattogram Money Loan Court, allegedly with the cooperation of court officials and bank employees.
The agency, Biggapan Bazar, is owned by Mohammad Wazed, a resident of Satkania in Chattogram. According to investigators and court sources, Wazed and his associates manipulated court procedures to collect funds for court-related advertisement notices that lacked required judicial signatures.
Wazed began his career as an office peon at AdBank, an advertising firm owned by the late Zahid Hasan. During Hasan’s illness, Wazed reportedly gained control of the firm and later established Biggapan Bazar. Since then, the agency has faced multiple allegations of forging invoices, coercing clients into advertisements, and intimidating journalists.
The latest revelations suggest the existence of a wider fraud network within the Chattogram Money Loan Court, where some officials and bank staff allegedly collaborated in the embezzlement scheme.
Authorities suspect the accused used political connections during the Awami League’s tenure to divert large sums of money into personal accounts — a practice said to have continued under subsequent administrations.
The case gained traction on social media and among legal professionals after documents and testimonies surfaced linking Biggapan Bazar to unauthorized financial transactions.
In response, Judge Helal Uddin of the Chattogram Money Loan Court-1 (Joint District Judge) ordered legal action against Wazed and instructed that all future advertisement notices be issued only through approved national or local newspapers, not through private intermediaries.
Local law enforcement agencies have been asked to submit a progress report on the investigation.
