The Anti-Corruption Commission on Monday filed two cases against S Alam Group chairman and former chairman of First Security Islami Bank Mohammad Saiful Alam on charges of embezzling Tk 1,102 crore by taking loans in names of fake and non-existent companies.
ACC’s assistant director for public relations Tanzir Ahmed said the two cases were filed following approval of the commission on the day.
According to the case statement, one case was filed against Saiful Alam and 36 others on charges of embezzling Tk 549 crore after taking loan in name of M/S Safran Trade International from Jubilee raod branch of First security Islami Bank in Chattogram.
The other accused are Mahfujul Islam, owner of M/S Safran Trade International, FSIB former managing director Syed Wasek Md Ali and its former DMD Md Abdul Kuddus, former EVP SAM Salimullah, former EVP Mohsin Uddin Ahmed.
The second case was filed against 31 people on charges of embezzling Tk 553 crore from first security Islami Bank’s Anderkillah branch in Chattogram after taking loan in name of M/S Huda Enterprise.
The accused in second case are including Mohammad Saiful Alam, Huda enterprise owner Md Alamgir Huda, former First security Islami Bank former MD Syed Wasek Md Ali, and former deputy managing director Jaharul Haque.
