The High Court has asked for information about S Alam's money laundering investigation
Published: 05:21 23 September 2024
The High Court has asked for information regarding the investigation of money laundering allegations against S Alam Group. The Anti-Corruption Commission (ACC) has been asked to provide this information by next Sunday (September 29).
Sunday (September 22) Justice Md. The High Court bench consisting of Kamrul Hossain Molla and Justice Kazi Zeenat Haque gave this order.
Barrister Md. was the petitioner's lawyer at the hearing for the application in the court. Rukunuzzaman. Lawyer Shaheen Ahmed appeared for the ACC.
Later, Shaheen Ahmed said, the ACC said that the ACC is continuing to investigate the money laundering cases that are coming from the S Alam Group. No information is yet available on what stage it is at. The information can be reported to the court. In view of this, the writ has been adjourned till Sunday and the court has been asked to inform the court by Sunday about the investigation on the allegations of money laundering by S Alam Group.
Earlier, a writ was filed seeking list of all assets of S Alam Group and prohibition on their transfer or sale. Lawyer Md. Rukunuzzaman filed the writ. The writ seeks directions to file list of all immovable properties of S Alam Group and its shareholders directors and their family members.
Apart from this, the writ seeks the amount of loans taken by the S Alam Group from various banks and financial institutions, their current status and liabilities, list of money laundered abroad and all immovable properties, and directions for property seizure. The writ petition also sought ban on the emigration of company directors and family members without the permission of the court.
The petitioner lawyer sent a legal notice to the relevant authorities on September 11, requesting them to provide necessary information and take action on some issues including the total loan amount, current status and liability of S Alam Group shareholders, directors and other business-related organizations from banks or financial institutions.
The notice was sent to Bangladesh Bank Governor, Finance Secretary, Legal Secretary, ACC Chairman and S Alam Group Chairman Saiful Alam. But he did not get a reply to the notice and filed the writ in the High Court.
Advertisement
- We will not sit at home if shrines are destroyed: State Minister for Water Resources Farhad Hossain Azad
- Salman Shah, the evergreen hero of Bengali cinema, lost untimely
- Salman Shah murder case: Don remanded for 5 days
- Joining the Mecca Pact is Bangladesh's own matter: Jamaat Ameer
- Mbappe hat-trick sends Real Madrid thumping Sociedad
- Nepal faces another major flood threat, upstream water barrier not broken
- China to generate 42 megawatts of electricity from Aminbazar waste
- Monira Sharmin: Education, Political Career, July Uprising and Leadership of Jatiya Nari Shakti
- 15 artists including Boga Taleb to sing in memory of Razzak Dewan
- Invest Bangladesh Chairman Ashiq Chowdhury given the status of State Minister
- Romance with Shakib was comforting: Sabila Noor
- Everyone has changed their minds and is now a 'July fighter': Mirza Fakhrul
- BNP and affiliated organizations protest against AI-based propaganda of distorted image of state minister in Panchagarh
- Prime Minister Tarique Rahman to visit US for 10 days, address UN General Assembly in September
- Fans want to see me single, not with a man: Parimani
- BNP is making defeated leaders the heads of the districts: Rumin Farhana
- Aryan Khan with a mysterious young woman in London, new love rumors
- Venues for the 2027 ODI Cricket World Cup finalized, 12 stadiums in three countries to host the world stage
- Prime Minister assures to resolve the gas crisis in the industrial sector
- The World Cup is not a product, FIFA does not have the right to sell football: UEFA