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
BNP leader Salahuddin apologises for ‘inadvertently’ using S Alam’s vehicle
"I apologise if I hurt the feeling and sentiment of the country’s people with my oversight and unintended mistake,” he said..
Islami Bank loan scam: S Alam aide arrested in Chattogram
Security officials at Chattogram Shah Amanat International Airport today detained a man said to be a close aide of the controversial business group S Alam, in connection with the Islami Bank loan scam. He was taken from a Dubai-bound flight.Md Ansarul Alam Chowdhury, managing director of Inheren
Now First Security Islami Bank freed from S Alam Group
S Alam Group's control over First Security Islami Bank Ltd (FSIBL) ended today after the Bangladesh Bank reconstituted the board of the Shariah-based bank, which was heavily dominated by individuals linked to the Chattogram-based conglomerate..The central bank dissolved the previous 11-mem
S Alam, family barred from selling bank shares
The Bangladesh Securities and Exchange Commission (BSEC) today barred Mohammed Saiful Alam, founder of Chattogram-based conglomerate S Alam Group, his family members and companies they own from transferring and selling their shares in six banks.
BB restricts lending activities of six S Alam-linked banks
The banks are: Islami Bank Bangladesh, First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, and Bangladesh Commerce Bank
Loans from Janata, NBL: S Alam, Nassa got Tk 2,544cr waiver in breach of rules
Chattogram-based conglomerate S Alam Group and garment manufacturer Nassa Group were given interest waivers amounting to Tk 2,544 crore bypassing banking rules, in a testament to the outsize influence oligarchs had on the banking sector during the Awami League-led government of the past 15 years.
NBR seeks bank details of S Alam, his family members
The tax zone 15 of the tax administrator sent letters to 91 banks and financial institutions
Column by Mahfuz Anam: Our new CJ Obaidul Hassan's call to fight graft is urgent, crucial and enthusing
We congratulate the chief justice for his forthright identification of one of the main issues of concern for Bangladesh’s future: corruption.
Hartal called in Banshkhali tomorrow
Banshkhali Chhatra Oikya Forum calls a dawn-to-dusk hartal in the upazila of Chittagong for Wednesday protesting Monday's incident that left four people killed in “police firing”.