Allies of Siddiq insist she has no bank accounts outside the UK, and has not been contacted by the Bangladeshi authorities. The investigation in Bangladesh is based on a series of allegations made by Bobby Hajjaj, a senior political opponent of Hasina, who fled Bangladesh last August amid deadly protests against her government.

Bangladesh’s anti-money laundering agency requested information on the domestic bank accounts of UK City Minister Tulip Siddiq, who’s also the niece of ousted Prime Minister Sheikh Hasina, a potential precursor to a broader financial investigation.

The Bangladesh Financial Intelligence Unit (BFIU) has sought bank account details of Tulip Siddiq, UK city minister and niece of former Bangladesh prime minister Sheikh Hasina, and her family members.

Treasury minister Tulip Siddiq has referred herself to the Prime Minister’s ethics tsar following controversies over properties linked to her family and her aunt’s political movement in Bangladesh.Sir Keir Starmer said the Treasury economic secretary had “acted entirely properly” in referring herself to the independent adviser on ministerial standards,

British Prime Minister Keir Starmer said on Monday he had confidence in City minister Tulip Siddiq, who is facing pressure to resign after being named in a financial corruption investigation in Bangladesh.