Case filed against 2 sons of S Alam Group chairman, 52 others

The Anti-Corruption Commission (ACC) has filed a case against 54 persons on the allegation of embezzling Tk 1,114 crore from the Islami Bank of Jubilee Road branch in Chattogram through different types of forgery and irregularities.

The main accused of the case are Ahsanul Alam and Ashraful Alam, sons of S Alam group Chairman Mohammad Saiful Alam.

Ahsanul Alam was a former chairman of the board of directors of Islami Bank Bangladesh PLC.

Deputy Director of the ACC’s head office M Mostafizur Rahman filed the case at ACC’s integrated district office in Chattogram-1 on Thursday.

The accused persons have embezzled the money by taking loan in the name of United Super Traders during the period between December 30, 2021 and October 2, 2024, Mostafizur Rahman told the court.