ACC files case against 58 individuals, including S Alam’s son, over Tk1,092 core embezzlement
“The case has already been filed, and it involves 58 individuals who were proven to be complicit in the embezzlement,” ACC Deputy Director Md Akhtarul Islam told The Business Standard
The Anti-Corruption Commission (ACC) has filed a case against 58 individuals, including the son of S Alam Group Chairman Mohammad Saiful Alam, for embezzling Tk1,092 crore from the Chaktai branch of Islami Bank Bangladesh Limited (IBBL) in Chattogram.
The accused include Ahsanul Alam, son of S Alam Group's chairman, along with 34 bank officials, including former IBBL managing director and directors, as well as owners of borrower companies, according to an ACC investigation team.
"The case has already been filed, and it involves 58 individuals who were proven to be complicit in the embezzlement," ACC Deputy Director Md Akhtarul Islam told The Business Standard.
Keep updated, follow The Business Standard's Google news channel
The case was filed by ACC Deputy Director and investigation team leader Md Yasser Arafat.
