S Alam

First Security Islami Bank to take action against 194 officials with ties to S Alam scams

A top official, requesting anonymity, said that the new board of the bank uncovered irregularities in loan disbursement at 24 branches and found evidence linking the 194 officials to these loan scams.

Islami Bank to raise Tk 10,000 crore by selling S Alam Group's stake

The bank also intends to invite its former foreign shareholders, including Al Rajhi and the International Finance Corporation, to re-engage with the institution

BB will not close any companies like S Alam, Beximco: Governor

He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector

7 corporate giants barred from share transfer

In a bid to ensure tax compliance, the government has blocked the transfer of shares of seven corporate giants that thrived under the Awami League government.

NBR blocks share transfers by seven corporate giants

The NBR instructed the RJSC to immediately block any sales or transfers of shares, whether through donations or otherwise

S Alam's new corruption information: No bank loans and foreign income

Watch today's episode of Star Viewsroom to find out more

S Alam sons: They used fake pay orders even to legalise black money

Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.

S Alam entities have Tk 26,000cr in six banks

Some entities of the much-talked-about S Alam Group and some family members of the group’s founder Mohammed Saiful Alam have around Tk 26,000 crore in six banks, said insiders, citing data sent by the banks to the National Board of Revenue (NBR).

S Alam Group took over half of Islami Bank’s total loans, says new IBBL chairman

Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud

November 19, 2024
November 19, 2024

First Security Islami Bank to take action against 194 officials with ties to S Alam scams

A top official, requesting anonymity, said that the new board of the bank uncovered irregularities in loan disbursement at 24 branches and found evidence linking the 194 officials to these loan scams.

November 18, 2024
November 18, 2024

Islami Bank to raise Tk 10,000 crore by selling S Alam Group's stake

The bank also intends to invite its former foreign shareholders, including Al Rajhi and the International Finance Corporation, to re-engage with the institution

November 18, 2024
November 18, 2024

BB will not close any companies like S Alam, Beximco: Governor

He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector

October 3, 2024
October 3, 2024

7 corporate giants barred from share transfer

In a bid to ensure tax compliance, the government has blocked the transfer of shares of seven corporate giants that thrived under the Awami League government.

October 2, 2024
October 2, 2024

NBR blocks share transfers by seven corporate giants

The NBR instructed the RJSC to immediately block any sales or transfers of shares, whether through donations or otherwise

September 29, 2024
September 29, 2024

S Alam's new corruption information: No bank loans and foreign income

Watch today's episode of Star Viewsroom to find out more

September 18, 2024
September 18, 2024

S Alam sons: They used fake pay orders even to legalise black money

Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.

September 9, 2024
September 9, 2024

S Alam entities have Tk 26,000cr in six banks

Some entities of the much-talked-about S Alam Group and some family members of the group’s founder Mohammed Saiful Alam have around Tk 26,000 crore in six banks, said insiders, citing data sent by the banks to the National Board of Revenue (NBR).

September 5, 2024
September 5, 2024

S Alam Group took over half of Islami Bank’s total loans, says new IBBL chairman

Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud

September 4, 2024
September 4, 2024

SIBL's former chairman Belal, managing director Zafar sued for attack on an employee 

Belal Ahmed, the former chairman of Social Islami Bank Ltd (SIBL), and Zafar Alam, managing director, have been sued for allegedly attacking a bank employee