In an interview with the Financial Times, Bangladesh Bank governor Ahsan Mansur accused powerful business tycoons of siphoning off $ 17 billion from the banking sector of the country during the 15-year rule of the ousted prime minister Sheikh Hasina...
The Jatiya Party, ousted Awami League regime鈥檚 close ally, on Saturday staged demonstrations in Rangpur protesting at the visit of Student Movement Against Discrimination central coordinator Sarjis Alam...
A Dhaka court has issued a travel ban on Saiful Alam, the owner of S Alam Group, his wife Farzana Parveen and 11 family members.
Bangladesh Financial Intelligence Unit has finally frozen the bank accounts of S Alam Group chairman Saiful Alam and his associates, amid allegations of corruption, asset accumulation, and...
The High Court on Sunday directed the interim government to submit a comprehensive list of all the immovable assets owned by S Alam Group, its shareholder directors, and...
A Supreme Court lawyer has lodged a complaint with the Anti-Corruption Commission (ACC), seeking legal action against the two sons of controversial businessman Mohammad Saiful Alam, chairman of...
The High Court on Sunday directed the Anti-Corruption Commission chairman to submit a progress report on the investigation into money laundering allegations against...
The High Court on Thursday adjourned until September 22 the hearing on a writ petition seeking an injunction on the transfer or sale of assets owned by S Alam Group, its...
Singapore鈥檚 Financial Intelligence Unit has urged the Bangladesh Financial Intelligence Unit to provide details on the local and foreign assets of S Alam Group and its owners.
The coal-based 1,224MW Banshkhali power station, owned by the controversial S Alam group, realised up to more than double the amount received by its peers in capacity charge payment in the 2023鈥�24 financial year, revealed data obtained from the Bangladesh Power Development Board...
Leaders of Anti-discrimination student movement on Sunday exchanged views with the families of the people who were killed and injured in the student-led mass uprising in Manikganj.
Mir Group of Companies had clarified that it had no affiliation with the Chattogram -based Mir Group or the S Alam Group, said a press release on Tuesday...
The Bangladesh Securities and Exchange Commission on Monday launched an investigation into allegations of stock market anomalies by Salman F Rahman, private industries and...
The controversial S Alam Group has withdrawn over Tk 90,000 crore loans from Islami Bank Bangladesh alone, accounting for more than 50 per cent of the shariah-based bank鈥檚 total loan...
The Bangladesh Bank will facilitate limited bailouts for crisis-hit eight banks, which were previously under the control of the S Alam Group, through the interbank lending system, BB governor Ahsan H Mansur said on Wednesday...
Bangladesh Nationalist Party on Monday served show-cause notice on its standing committee member Salahuddin Ahmed and joint secretary general Khairul Kabir Khokon for breaching party discipline...
Two security personnel, including the assistant security in-charge of SS Power Plant, a coal-fired power plant owned by S Alam Group, were stabbed to death on early Monday in Banshkhali upazila of Chattogram...
The Bangladesh Bank on Sunday dissolved the board of First Security Islami Bank PLC, which was under the control of controversial S Alam Group, and appointed independent directors to the bank board...
The Chittagong Port Authority has asked its branches and sub-branches to stop accepting pay orders, cheques and bank guarantees from nine troubled banks, seven of which were linked with S Alam Group...
The Criminal Investigation Department on Saturday said that the agency launched an investigation against S Alam Group chairman and managing director Mohammed聽Saiful Alam, his wife and...
The ministry of power, energy and mineral resources on Thursday decided to cancel the S Alam Group鈥檚 proposal for implementation of installation of Eastern Refinery Limited Unit-2...
Bangladesh Bank governor Ahsan H Mansur on Wednesday warned people not to purchase any assets linked to S Alam Group and said that the government planned to seize those assets to compensate depositors...
The Bangladesh Financial Intelligence Unit has sought the bank account details聽of 13 people, including seven brothers of S Alam Group鈥檚 Saiful Alam...
Bangladesh Bank on Sunday dissolved the board of directors of Social Islami Bank Limited and appointed independent directors in an effort to free the bank from the controversial...
The Bangladesh Bank on Thursday appointed five independent directors to Islami Bank Bangladesh after seizing all shares held by previous board members connected with S Alam Group...
The Anti-Corruption Commission started an inquiry against S Alam Group chairman Mohammad Saiful Alam over allegations of laundering money to Singapore...
The Bangladesh Bank on Wednesday dissolved the Islami Bank Bangladesh board to free it from the control of S Alam Group and decided to appoint independent directors temporarily to manage the bank...
The Bangladesh Securities and Exchange Commission on Tuesday聽 blocked share sales and transfers by S Alam Group, its family members, and associates across six banks controlled by...
Islami Bank Bangladesh on Monday dismissed eight senior officials, including five deputy managing directors, of the bank on allegations of collaborating with S Alam Group in conducting irregularities...
The Bangladesh Bank on Monday restricted S Alam Group-controlled six banks from issuing new loans to safeguard depositors鈥� money...
