The Anti-Corruption Commission on Tuesday filed a case against 26 people, including former First Security Islami Bank chairman Mohammad Saiful Alam, also the chairman of S Alam Group, and Sikder Group managing director Ron Haque Sikder on charges of embezzlement of Tk 110 crore.
The Dhaka Metropolitan Senior Special Judge on the day imposed a travel ban on retired Major General Md Salah Uddin Miaji, former military secretary to the ousted prime minister Sheikh Hasina, and his family members.
ACC director general (prevention) Akhter Hossain at a press briefing at the commission鈥檚 headquarters in the capital Dhaka said that the commission filed the case against the 26 people following approval of the commission.
The other accused in the case include Sikder Group managing director Ron Haque Sikder鈥檚 brothers Rick Haque Sikder and Momtazul Haque Sikder, sisters Parveen Haque Sikder and Lisa Fatema Haque Sikder, former FSIBL managing director Syed Wasek Md Ali, former vice-chairman Mohammad Abdul Malek, ex-directors Farzana Parveen, Atikur Nesa and Khondker Iftekhar Ahmed.
According to the case details, in January 2019, Sikder Group employee Syed Kamrul Islam opened an account under the name 鈥楽Q Trading and Developer鈥� with the FSIBL鈥檚 Karwan Bazar branch.
The very next day, he applied for a Tk聽110.27 crore loan. Despite being a new client, the loan was approved within just 20 days, bypassing banking rules on investment policies and collateral requirements, said the case.
On February 5, 2019, the entire loan amount was transferred in a single day through three pay orders to an account at National Bank and later 鈥榣aundered鈥� into different accounts linked to the Sikder family and their associates.
The case document also stated that the loan was disbursed without any project inspection, collateral verification, or legal opinion.
As of June 30, 2025, with accrued interest, the outstanding dues have risen to Tk聽207.42 crore, it added.
Judge Md Jakir Hossain on Tuesday imposed the travel ban on Md Salah Uddin Miaji, his wife Nazma begum, daughters Samiha Shabnam and Raiya Shabnam.
The court passed the order following a plea from the ACC, said ACC deputy director for public relations Aktarul Islam.
According to the petition, the ACC has formed a team to probe allegations of amassing illegal wealth and grabbing lands against Miaji, also the former Awami League lawmaker from the Jhenaidah-3 constituency.
It also stated that the former lawmaker and his family members might flee the country to evade justice and a travel ban should be imposed on them immediately.
