Court orders attachment of 16 properties of S Alam family, freezing of 87 bank accounts

A Dhaka court has ordered the attachment of 16 immovable properties belonging to Saiful Alam, the head of S Alam Group, and 11 of his family members.

In addition, 87 bank accounts of eight family members have been ordered to be frozen.

Dhaka Metropolitan Sessions Judge Zakir Hossain Galib delivered the verdict on Tuesday following a plea filed by the Anti-Corruption Commission, or ACC.

ACC Prosecutor Mahmud Hossain Jahangir told bdnews24.com that the ACC Deputy Director Abu Sayeed filed two separate applications seeking the attachment of S Alam’s immovable properties and the freezing of movable assets.

He added that lawyer Rezaul Haque Reza represented the commission during the hearing.

ACC Court Inspector Amir Hossain confirmed that the investigation into the affected members of the S Alam family is ongoing.