corruption of S Alam’s 13 relatives: BFIU seeks bank accounts

Staff Reporter :

The Bangladesh Financial Intelligence Unit (BFIU) has requested bank account details of 13 relatives of S Alam Group Chairman Mohammed Saiful Alam, including his seven brothers.

In a letter sent to all banks and financial institutions on Monday, the central bank’s intelligence unit sought information on all bank accounts held by Saiful Alam’s brothers and six other relatives.

The BFIU also requested details of joint or individual accounts linked to business organizations they may be associated with.

The list includes Saiful Alam’s wife, Farzana Parveen, and their two sons, Ahsanul Alam and Ashraful Alam.

His brothers mentioned in the letter are Mohammad Abdullah Hasan, Osman Gani, Abdus Samad, Rashedul Alam, Sahidul Alam, and Morshedul Alam.

Additionally, the letter names Hamidur Rahman’s son Miskat Ahmed, Abul Kashem’s daughter Farzana Begum, and Ferdousul Kabir’s daughter Shahana Ferdous.

Although they are connected to the S Alam family, the specific nature of their relationship has not been confirmed.

According to BFIU officials, this initiative aims to determine the exact loans taken by the Chattogram-based business conglomerate.

The BFIU has also sought bank account details and loan information about these 13 individuals believed to be beneficiaries of the S Alam Group.

Earlier, on August 20, the National Board of Revenue (NBR) launched an investigation into potential tax evasion by 18 entities owned by S Alam Group.

Additionally, the Customs, Excise, and VAT Commissionerate of Chattogram formed a committee to look into the matter.