S Alam Group VAT evasion

State agencies go tough on S Alam Group

In a major development, three state agencies yesterday made a series of moves against the S Alam Group, its chairman Mohammed Saiful Alam, and his family members amid allegations of loan irregularities during the 15-year tenure of the recently ousted Awami League government.

Two S Alam firms evaded Tk 3,500 crore in VAT, says NBR

With penalty, they owe government over Tk 7,000cr; S Alam Group director says they didn’t ‘evade even a single taka in VAT’

August 21, 2024
August 21, 2024

State agencies go tough on S Alam Group

In a major development, three state agencies yesterday made a series of moves against the S Alam Group, its chairman Mohammed Saiful Alam, and his family members amid allegations of loan irregularities during the 15-year tenure of the recently ousted Awami League government.

June 30, 2024
June 30, 2024

Two S Alam firms evaded Tk 3,500 crore in VAT, says NBR

With penalty, they owe government over Tk 7,000cr; S Alam Group director says they didn’t ‘evade even a single taka in VAT’