The Anti-Corruption Commission on Tuesday filed two separate cases against S Alam Group chairman Mohammad Saiful Alam,聽 also known as S Alam, and his wife Farzana Parveen on charges of abusing power and amassing illegal wealth worth Tk聽1,596 crore.
S Alam was a close associate of deposed prime minister Sheikh Hasina.
Several government agencies are investigating asset embezzlement and money laundering allegations against S Alam.
He allegedly took about Tk 2 lakh crore from a number of banks in names and anonymously during the Awami League regime which was ousted on August 5, 2024, in a mass uprising. A large portion of the funds was allegedly laundered abroad.
The commission on Tuesday also filed two separate cases against former deputy inspector general of police Abdul Baten and his wife on charges of amassing illegal wealth worth Tk聽3.14 crore.
The cases were filed with the ACC integrated district office in Dhaka-1, said ACC director general (prevention) Akhtar Hossain at a press briefing in the capital Dhaka.
ACC assistant director Mahmudul Hasan filed the case against S Alam, also former chairman of First Security Islami Bank, on charges of amassing wealth worth Tk聽796.28 crore beyond known sources of income.
The ACC filed a case against S Alam鈥檚 wife Farzana Parveen, also a director of S Alam Group and former director of First Security Islami Bank, on charges of amassing assets worth Tk 743.57 crore beyond known sources of income.
On March 10, the Dhaka Senior Special Judge Court ordered the ACC to confiscate 1,006 bighas of immovable properties owned by S Alam, his affiliated organisations, and his family members in connection with graft allegations.
On February 23, the same court ordered the ACC to freeze 227 bank accounts of S Alam and his family.
On February 12, the same court ordered the ACC to freeze 437.85 crore shares in 42 companies, belonging to S Alam and his family. The value of these shares stands at Tk聽5,109,67,96,260.
Earlier on January 30, the court ordered authorities concerned to confiscate 58 acres of immovable property worth Tk 368 crore belonging to S Alam and his family.
The ACC on Tuesday filed a case against former DIG Md Abdul Baten on charges of amassing illegal wealth worth Tk 2.29 crore.
There is also allegation of suspicious transactions of Tk聽13.22 crore in his seven bank accounts between 2005 and 2024.
A case was filed against Baten鈥檚 wife Nurjahan Aktar Hira on charges of amassing illegal assets worth Tk 85.41 lakh and suspicious transactions of Tk聽8.78 crore in her four bank accounts.
The ACC started an inquiry on September 21, 2024, into former DIG Md Abdul Baten over allegations of amassing wealth beyond known sources of income.
