S Alam defaults on Tk 10,629 crore at one JB branch
Controversial S Alam Group took Tk聽10,629 crore in loans from a branch of Janata Bank in Chattogram, and the entire amount has now defaulted...
Tags : S Alam
S Alam files arbitration claim at World Bank
Mohammed Saiful Alam, founder and chairman of the controversial S Alam Group, has filed an arbitration case with the World Bank鈥檚 International Centre for Settlement of Investment Disputes (ICSID), accusing the Bangladesh government of causing millions of dollars in losses through its asset recovery campaign, according to The Financial Times.
ACC asked to seize 469 acres of land of S Alam in Cox鈥檚 Bazar, Gazipur
The Dhaka Metropolitan Senior Special Judge Court on Tuesday ordered the Anti-Corruption Commission to seize 469 acres of land owned by S Alam Group owner Mohammad Saiful Alam and persons associated with his interests.
ACC directed to freeze S Alam Group鈥檚 Tk 8,000cr in shares
A Dhaka court on Monday directed the Anti-Corruption Commission to freeze 513 crore shares belonging to S Alam Group chairman Muhammad Saiful Alam and 105 affiliated companies, with an estimated value exceeding Tk 8,000 crore...
Returning assets laundered by S Alam demanded
Socheton Babsayi Forum on Thursday demanded bringing back foreign assets embezzled and laundered by the S Alam Group...
ACC asked to seek Interpol red notice against S Alam, two brothers
A Dhaka special judge鈥檚 court on Thursday ordered the Anti-Corruption Commission to request red notices from Interpol against S Alam Group chairman Mohammad Saiful Alam and his two brothers in a loan fraud case.
S Alam Group chair, Nabil Group MD among 43 sued for embezzling Tk 363cr
The Anti-Corruption Commission on Wednesday filed a case against 43 people, including S Alam Group chairman Muhammad Saiful Alam and Nabil Group managing director Md Aminul Islam, for their alleged involvement in embezzling Tk 363 crore from the bank鈥檚 Gulshan branch...
ACC to sue two sons of S Alam over Tk 75cr tax evasion
The Anti-Corruption Commission on Wednesday approved a case against 10 people including S Alam group chairman Mohammed Saiful Alam鈥檚 two sons, Ashraful Alam and Asadul Alam Mahir, for their alleged involvement in evading taxes worth Tk 75 crore...
S Alam, others sued over Tk聽1,598cr embezzlement
The Anti-Corruption Commission on Thursday filed two cases against S Alam Group chairman Mohammed Saiful Alam and others on charges of laundering and embezzling Tk聽1,598 crore from Islami Bank PLC.
ACC sues S Alam, Ron, 24 others
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...
GAZIPUR JOURNALIST KILLING:聽Defamation case filed against Sarjis for linking BNP
A defamation case was filed against National Citizen Party chief organiser for the northern region Sarjis Alam with a Gazipur court on Tuesday on allegations of spreading misinformation about the Bangladesh Nationalist Party.
Freeze 64 accounts, assets of S Alam in Singapore: court
The Dhaka Metropolitan Senior Special Judge Court on Thursday ordered the Anti-Corruption Commission to freeze 64 bank accounts, shares and insurance policies of S Alam Group chairman Mohammed Saiful Alam, and his family members in Singapore...
Freeze 53 more bank accounts with Tk 113cr of S Alam, others: court
Dhaka Metropolitan Senior Special Judge Court on Wednesday ordered the Anti-Corruption Commission to freeze 53 bank accounts with deposits of Tk 113.09 crore, belonging to S Alam Group chairman Mohammed Saiful Alam and people or entities connected to him.
ACC sues S Alam Group chair, PK Halder, 11 others
The Anti-Corruption Commission on Wednesday filed three cases against 15 people, including S Alam Group chairman Mohammed Saiful Alam and Reliance Finance Limited former managing director Prashanta Kumar Halder, on charges of embezzling Tk 270 crore through fraudulent loans and money laundering...
Seize assets of S Alam, wife in 3 countries: court
The Dhaka Metropolitan Senior Special Judge Court on Tuesday ordered the Anti-Corruption Commission to seize foreign assets of S Alam Group chairman Mohammed Saiful Alam and his wife Farzana Parveen in three countries, including the...
Ex-Islami Bank MD Monirul Moula sent to jail in graft case
The Dhaka Metropolitan Senior Special Judge Court on Monday sent former Islami Bank Bangladesh managing director Mohammad Monirul Moula to jail in connection with a case filed against him and 57 others on charges of embezzling Tk 1,092 crore through loan forgery...
Dhaka court attaches S Alam鈥檚 200 acres land
A court in Dhaka on Tuesday ordered to attach 200 acres of land owned by S Alam Group owner Mohammad Saiful Alam and people related to him over graft allegations.
Legal notice asks NCP鈥檚 Sarjis to offer apology
A Supreme Court lawyer on Saturday sent a legal notice to National Citizen Party鈥檚 chief coordinator (northern region) Sarjis Alam, demanding an unconditional public apology for a Facebook post deemed disrespectful to the judiciary...
ACC prosecutes聽S Alam, 42 others
The Anti-Corruption Commission on Monday filed two separate cases against 43 people, including S Alam Group chairman Mohammad Saiful Alam, also former chairman of First Security Islami Bank, and the bank鈥檚 former...
Islami Bank puts S Alam property on auction
Islami Bank Bangladesh PLC has announced the auction of S Alam Group鈥檚 properties, including a steel mill, a power plant, an edible oil factory and 1,149 decimals of land, to recover outstanding dues amounting to Tk聽2,179.95 crore...
Court ordered ACC to seize S Alam鈥檚 lands worth Tk 1,001 crore
The Dhaka Metropolitan Senior Special Judge Court on Sunday ordered the Anti-Corruption Commission to confiscate 563.57 acres of land worth Tk 1001.76 crore owned by S Alam Group chairman Mohammed Saiful Alam and his聽entities.
Court orders seizure of S Alam鈥檚 15,915 decimal land
A court in Dhaka on Wednesday ordered to seize 15,915 decimal lands worth Tk 407 crore belonging to S Alam Group chairman Mohammad Saiful Alam and his related persons or entities.
Islami Bank to auction S Alam Group鈥檚 assets
The Islami Bank Bangladesh PLC has announced the auction of about 11 acres of land, factories and warehouses owned by the controversial Chattogram-based conglomerate S Alam Group, in a bid to recover nearly Tk聽10,000 crore in defaulted loans.
Seizure of 1,067 decimal S Alam land ordered
The Dhaka Metropolitan Senior Special Judge Court on Wednesday ordered the Anti-Corruption Commission to seize 13,067 decimals of land of S Alam Group chairman Mohammad Saiful Alam, his family and entities connected to them over corruption allegations...
S Alam, wife sued over Tk聽1,596cr illegal wealth
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.
Islami Bank to auction S Alam subsidiary co
Islami Bank Bangladesh PLC has issued a notice to auction the assets of Infinity CR Strips Industries Limited, a subsidiary of S Alam Group, to recover outstanding loans...
JCD rejects blame for attack on Sarjis
Bangladesh Jatiyatabadi Chhatra Dal, student wing of Bangladesh Nationalist Party, on Friday condemned the Jatiya Nagorik Party chief organiser for north, Sarjis Alam, for blaming the JCD over the clash between the...
Travel ban on 11 linked to S Alam, family
A Dhaka court on Tuesday imposed travel bans on 11 people involved with the interests of S Alam Group chairman Mohammad Saiful Alam, and his family...
Bank officers helped S Alam drain Tk 2,000cr
A recent Bangladesh Bank inspection has revealed that employees of banks previously controlled by S Alam Group systematically facilitated massive, unrecorded cash withdrawals for the controversial conglomerate.
Freeze ordered on Tk 8,133cr聽S Alam shares
The Dhaka metropolitan senior special judge court on Sunday ordered the freezing of shares worth Tk聽8,133 crore owned by S Alam Group chairman Mohammad Saiful Alam and his family members.
