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...
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 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...
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...
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...
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.
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.
A Dhaka court on Wednesday ordered to freeze shares, owned by S Alam Group owner Mohammed Saiful Alam and his family members, worth more than Tk 5,109 crore of different companies and profit against the shares...
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 Anti-Corruption Commission has filed a case against 52 people, including Ahsanul Alam, former Islami Bank chairman and son of S Alam, on charges of embezzling Tk 918 crore from Islami Bank Bangladesh Limited.
Sarjis Alam, a key coordinator of the Anti-discrimination Student Movement and the chief organiser of the Jatiya Nagorik Committee, on Thursday filed a case against the administrators of two Facebook pages for spreading propaganda and cyber bullying...
THE shocking extent of financial crimes of the S Alam Group is evident in the recent disclosure of the amount of loans that the group has taken out from 10 banks and a non-bank financial institution. The Financial Intelligence Unit reveals that the group had taken a staggering Tk 2.25 lakh crore, or $16.6 billion, from these institutions. About 44 per cent, or...
Md Sarjis Alam, a key coordinator of the Students Against Discrimination platform, has resigned as the general secretary of the July Shaheed Smrity Foundation amid criticism...
Controversial Bangladesh-origin business tycoon S Alam Group has acquired a staggering Tk聽2.25 lakh crore from 10 banks and a non-bank financial institution, pushing the country鈥檚 banking sector and economy into a severe crisis.
The Dhaka Metropolitan Senior Special Judge鈥檚 court on Tuesday ordered the seizure of 68 bank accounts and 16 properties of S Alam Group chairman Mohammed Saiful Alam and his family.
The Bangladesh Bank has asked six banks to send their managing directors on a three-month leave before the banks鈥� forensic audits to be conducted by an international audit firm.
The S Alam Group reopened its nine factories on Wednesday following its withdrawal of the closure notices for the factories in the previous day...
State-owned Janata Bank has announced the auction of 2,971 decimals land belonging to聽S Alam Refined Sugar Industries to recover default loans.
Six factories under the controversial S Alam Group have been shut down indefinitely, leaving employees and workers of the factories in distress.
Islami Bank Bangladesh Limited managing director Mohammed Monirul Moula has remained absent in the office since Sunday as he has been barred by a group of officials from entering the office on allegations of continuing his support to controversial S Alam group.
The Anti-Corruption Commission on Thursday filed a case against 58 people, including S Alam鈥檚 family members, Islami Bank managing director Mohammad Monirul Moula and its former chairman Ahsanul Alam, on charges of Tk 1,092 crore embezzlement through loan forgery...
A female entrepreneur in Chattogram filed a case against S Alam Group chairman Saiful Alam and his personal assistant, Akij Uddin, alleging embezzlement of Tk 29 crore.
A meeting of the Cabinet Committee on government purchase on Wednesday approved 16 proposals, including two on purchasing edible oils from S Alam Super Edible Oil Ltd, a subsidiary of the controversial S Alam Group...
Officials and employees of the privately-owned First Security Islami Bank staged a protest in front of the residence of S Alam Group鈥檚 owner in Chattogram, demanding repayment of Tk 35,000 crore...
The Jatiya Nagarik Committee, a platform of the youths who played a pivotal role in the student-led mass uprising, announced its extended organisational structure Monday night, appointing Sarjis Alam as chief organiser.
Sarjis Alam, a coordinator of the Student Movement Against Discrimination and also general secretary of the July Shaheed Smriti Foundation, said that police uniforms continue to strike fear due to the...
The Chattogram Artha Rin Adalat has ordered the seizure of shares held by S Alam Group chairman Saiful Alam and his brother Abdus Samad with two banks, in connection with a Tk聽2,000 crore loan default at Janata Bank.
Janata Bank PLC has filed a Tk 1,963 crore defaulted loan case against controversial business conglomerate S Alam Group in Chattogram Money Loan Court.
Jatiya Nagorik Committee staged a protest on Wednesday night at Dhaka University鈥檚 Raju Sculpture, condemning the attempted murder of Anti-Discrimination Students Movement conveners Hasnat Abdullah and Sarjis Alam...
The dismissed officers and employees of three private banks owned by the S Alam Group staged a protest by blocking the Chattogram-Cox鈥檚 Bazar highway on Sunday morning, demanding their reinstatement...