The Anti-Corruption Commission (ACC) has filed three cases against three companies of the controversial S Alam Group on charges of embezzling around 6,120 crore taka in the name of loans.
The cases were filed at the ACC Chattogram-1 Integrated District Office on Sunday (December 21). Deputy Director of the ACC Chattogram-1 Office Subel Ahmed confirmed the matter. S Alam Group boss Saiful Alam Masud, his wife Farzana Parveen, and several officials of Janata Bank and related institutions have been named as accused in the cases.
According to the ACC statement, a total of 6,243 crore 78 lakh 3 thousand taka was embezzled from Janata Bank at different times in the name of S Alam Vegetable Oil Limited, S Alam Cold Rolled Steel Mills Limited and S Alam Trading Company Private Limited by taking loans from Janata Bank at different times.
In one case, it is said that from September 13, 2005 to March 6 this year, 23 crore 48 lakh 14 thousand 308 taka and 23 paisa were embezzled from Janata Bank by taking loans in the name of S Alam Vegetable Oil Limited through various methods. In this case, Farzana Parveen, who is shown as the director of the company, has been made the main accused. Managing Director Saiful Alam has been made the second accused. In addition, 28 officials of Janata Bank are named in the list of accused.
In another case, it is alleged that from February 23, 2010 to April 6 this year, 2297 crore 74 lakh 71 taka and 5 paisa were embezzled by taking loans in the name of S Alam Cold Rolled Steel Mills Limited through various methods. Saiful Alam has been made the main accused in this case. In addition, 25 officials of Janata Bank have been made accused.
The third case states that 1,942 crore 55 lakh 89 thousand 593 taka 61 paisa was embezzled from a loan taken in the name of S Alam Trading Company Private Limited from May 10, 2005 to April 6 of this year. A total of 31 people have been accused in this case. Among them are several officials of Janata Bank, including Saiful Alam. Earlier, on December 17, the ACC filed two more cases alleging that about 3,850 crore taka was embezzled from a loan taken in the name of S Alam Group's Sugar Mill and Super Edible Oil Mill.
Comment
