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Socheton Babsayi Forum on Thursday demanded bringing back foreign assets embezzled and laundered by the S Alam Group.

The leaders of the forum raised four-point demands in a written statement at a press conference held at the Dhaka Reporters Unity on the day.


The forum鈥檚 member secretary Mustafizur Rahman said, 鈥楾he S Alam Group forced the Islami Bank鈥檚 chairman and MD to resign and took over the board in 2017. Later, the group embezzled more than one lakh crore taka from the bank, leading to serious liquidity crisis.

He further said that the group recruited 8,340 people illegally from the Chittagong region in exchange for a large sum of money and that many of them joined the bank using fake certificates.

Barvida president Abdul Haque said that even though more than a year has passed since the fleeing of S Alam Group chairman Saiful Alam, the bank authorities have not yet dismissed the illegally recruited employees on humanitarian grounds.

He demanded immediate expulsion of those illegally appointed by the group and taking measures to quickly bring back the looted and laundered money.