The Dhaka Metropolitan Senior Special Judge Court on Thursday ordered the seizure of over 58 acres of land worth Tk 368.25 crore owned by S Alam Group chairman Mohammad Saiful Alam, his family members and business entities.
The court also issued international travel bans on eight people including two former lawmakers and ousted prime minister Sheikh Hasina鈥檚 personal assistant.
The Anti-Corruption Commission, on the other hand, filed a case against former state minister for housing and public works, Sharif Ahmed, on charge of amassing illegal wealth worth Tk 3.83 crore.
Judge Zakir Hossain Galib of the Dhaka Metropolitan Senior Special Judge Court issued the order for the seizure of 58 acres of land worth Tk 368.25 crore owned by Mohammad Saiful Alam and his family聽 members. The lands are in Dhaka, Narayanganj, and Chattogram.
Most of the land is located in Chattogram, and many of these properties were purchased in Saiful Alam鈥檚 name, while some of the lands are also home to various factories owned by S Alam Group.
The court passed the order responding to a petition submitted by ACC deputy director Mohammad Abu Sayeed seeking an order to seize the assets for the sake of inquiry, said ACC public prosecutor Mir Ahmed Ali Salam.
On January 16, the same court ordered to freeze more than 321 million shares in 24 different companies owned by S Alam Group owner Mohammad Saiful Alam and his family members.
The nominal value of these shares is Tk 35.63 billion.
The court on January 14 had also ordered to freeze 87 bank accounts and confiscate immovable properties worth Tk 200 crore owned by S Alam, his wife Farzana Parveen and 16 family members in different areas in Dhaka.
The court also had ordered the seizure of 68 bank accounts of S Alam and his family members.
On December 19, the court had ordered the freezing of 125 bank accounts belonging to Saiful Alam and his family.
ACC is conducting an inquiry over allegations of the embezzlement and laundering of $1 billion by S Alam and his family members to countries such as Singapore, the British Virgin Islands, Cyprus, and others.
On October 7, 2024, the court imposed a travel ban on Mohammad Saiful Alam, his wife, children, and 13 other family members.
The ACC on Thursday filed a case against former state minister for housing and public works, Sharif Ahmed, accusing him of amassing illegal wealth worth Tk 3.83 crore beyond his known sources of income.
Sharif Ahmed, a former Awami League lawmaker for Mymensingh-2 constituency, allegedly abused his power to acquire wealth disproportionate to his declared assets, said ACC director general (Prevention) Md Akter Hossain.
He also said that Sharif accumulated a total of Tk 6.12 crore in movable and immovable assets during his tenure in the government.
The ACC also uncovered suspicious financial activity involving Tk 42.68 crore in transactions through 12 bank accounts belonging to Sharif.
The ACC has also sought wealth statements from his immediate family members, including his wife Shefali Begum, father-in-law Golam Mostafa, mother-in-law Jahanara Begum, and brothers-in-law Shah Alam and Mohammad Shamim, following allegations of amassing wealth beyond their declared income.
The Dhaka Metropolitan Senior Special Judge Court on Thursday issued travel ban on eight people in connection with graft cases.
They are former AL lawmaker for Bhola-3 constituency Nurunnabi Chowdhury Shaon and his wife, Farzana Chowdhury, former lawmaker for Subamganj-1 constituency Moazzem Hossain Ratan and his wife, and former tax commissioner SM Shibli Noman and his wife.
The court also imposed travel ban on Jahangir Alam, former personal assistant to ousted prime minister Sheikh Hasina, and his wife Kanrun Nahar in connection with cases filed by the ACC over amassing illegal wealth worth Tk 18.29 crore.
