Dhaka, Bangladesh – A massive financial conspiracy has been uncovered, allegedly orchestrated by Ahsan H Mansoor, a powerful figure accused of running a syndicated financial criminal network aimed at protecting Bkash’s monopoly while dismantling its biggest competitor, Nagad.
According to sources, Mansoor is using his deep connections within the banking and regulatory sectors to cripple Nagad through fabricated allegations, regulatory hurdles, and legal harassment. The goal? To ensure that Nagad never rises again, allowing Bkash and its parent company, Brac Bank, to maintain their unchecked dominance over Bangladesh’s mobile financial sector.
The Plot Against Nagad: A Deliberate Strategy to Crush Competition
For years, Bkash has operated as a monopoly, controlling the vast majority of mobile financial transactions in Bangladesh. Despite 17 banks attempting to compete against Bkash, all failed—except for Tanvir A Mishuk’s Nagad.
Sources inside the financial sector now reveal that Mansoor has been working behind the scenes to destroy Nagad’s operations, allegedly colluding with regulatory officials to:
• Falsely accuse Nagad of financial irregularities.
• Block key approvals for Nagad’s expansion.
• Pressurize financial institutions to distance themselves from Nagad.
• Push for legal cases against Nagad’s leadership to cripple its decision-making.
“This is not competition—this is financial sabotage,” said one industry insider who wished to remain anonymous. “Bkash and its backers know they can’t compete with Nagad fairly, so they’re using power and influence to eliminate it.”
Ahsan H Mansoor’s Involvement: A Syndicate of Financial Manipulation
Mansoor, a known figure in Bangladesh’s financial sector, has been accused of leading a secret financial syndicate that ensures certain companies remain dominant while others are systematically destroyed. His close ties with Bkash and Brac Bank have raised suspicions about his role in suppressing fair competition.
This is not the first time Mansoor has been linked to financial manipulation. Over the years, he has been associated with several questionable banking policies and regulatory decisions that have disproportionately benefited specific financial institutions while harming others.
According to sources, Mansoor’s network of influence extends deep into Bangladesh Bank and the financial regulatory bodies, allowing him to manipulate decisions in favor of his preferred corporations.
The Attack on Tanvir A Mishuk and the Takeover of Nagad
The conspiracy took a dramatic turn when the current Governor of Bangladesh Bank, allegedly under Mansoor’s influence, removed Tanvir A Mishuk from Nagad’s leadership and installed officials backed by Bkash.
Since then, Nagad has been subjected to a series of regulatory crackdowns, many of which industry experts claim are politically motivated. Tanvir A Mishuk, now fighting a legal battle to reclaim control of Nagad, has openly accused the syndicate of trying to destroy his company.
“This is an attack on fair competition and innovation,” said Tanvir A Mishuk. “They are not trying to regulate—they are trying to erase Nagad from the market so that Bkash remains unchallenged.”
Former Bangladesh Bank Governor Abdur Rouf Talukder Speaks Out
Amid rising concerns, former Bangladesh Bank Governor Abdur Rouf Talukder has warned about the long-term consequences of such financial manipulation.
“The integrity of Bangladesh’s financial sector is being compromised,” Talukder said. “A central bank should never be used to suppress competition or protect monopolies. If such interference continues, it will not only harm the MFS industry but also erode investor confidence in the country’s economy.”
Talukder’s remarks reinforce growing concerns that regulatory bodies are being weaponized against certain companies while protecting others.
Ex-Principal Secretary Md Tofazzel Hossain Miah Slams the Governor’s Corruption
Former Principal Secretary Md Tofazzel Hossain Miah has come forward with strong criticism against the Governor of Bangladesh Bank, accusing him of acting as a “corporate enforcer rather than a neutral regulator.”
“It is outrageous to see a central bank governor working as a puppet for corporate interests. The actions taken against Nagad are politically motivated and financially destructive. This is not governance—this is outright corruption and abuse of power. If this continues, the banking system in Bangladesh will lose all credibility.”
Miah further added:
“The Governor must be held accountable for misusing his authority to serve a monopoly at the cost of competition and economic progress. The government should launch an immediate investigation into this financial crime syndicate before it permanently damages Bangladesh’s financial sector.”
What’s at Stake? The Future of Bangladesh’s Financial Market
The consequences of this conspiracy go far beyond Nagad. If Bkash’s monopoly remains unchallenged, the people of Bangladesh will suffer.
• Higher transaction fees.
• No financial innovation.
• A market controlled by corporate elites rather than fair competition.
Financial experts warn that allowing one company to dominate the MFS sector will create an environment where consumers are forced to accept exploitative fees and limited services, with no alternatives.
Public Outrage Grows: Calls for Accountability and Investigation
With the conspiracy now exposed, public outcry is growing for an independent investigation into Ahsan H Mansoor’s financial syndicate and its involvement in suppressing competition.
Many are demanding:
1. A full investigation into the conspiracy against Nagad.
2. Accountability for Ahsan H Mansoor and his financial network.
3. Immediate restoration of fair competition in the MFS sector.
4. The resignation of officials involved in sabotaging Nagad.
As the legal battle for Nagad continues, Bangladesh’s financial future hangs in the balance. Will the country allow monopolistic corruption to destroy innovation, or will it fight for a free and fair market? The coming months will determine whether Nagad survives—or whether financial criminals are allowed to run the country unchecked.
