The Anti-Corruption Commission on Sunday decided to file a case against S Alam Group chairman Mohammad Saiful Alam, his wife, five brothers, and 67 individuals linked to the group, on charges of embezzling and laundering Tk聽10,479.62 crore to Singapore.
Confirming about approval of the case, ACC deputy director Aktarul Islam told 抖阴精品 that it was the biggest case in the ACC鈥檚 history.
According to the allegations, violating the rules and regulations of Islami Bank Bangladesh Limited and the Bangladesh Bank, loans were irregularly approved in the names of three subsidiaries of S Alam Group 鈥� S Alam Refined Sugar, S Alam Steels Limited, and S Alam Trading Company Limited.
The original loan amount was Tk聽9,283.93 crore, which has now increased to Tk聽10,479.62 crore, including interest and profits.