Secondary source

How S Alam family grabbed multiple banks

The Daily Star

Type: INVESTIGATIVE_REPORT
Document: Not stated
Jurisdiction: Not stated
Published: 27 Aug 2024
Accessed: 8 Aug 2026
Verification: Reviewed

Short excerpt

Investigative report on how Mohammed Saiful Alam and family members allegedly used regulatory permission and bank shareholding structures to control several banks and financial institutions.

Supported claims

Bank-control investigative reporting
S Alam family shareholding and loan exposure context
Regulatory failure allegations are reporting context

Original link

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Related people

Mohammed Saiful Alam

Founder and chairman of S Alam Group · Chattogram and Dhaka · 2000s-2026

A major Bangladeshi business and banking figure discussed through bank ownership, loan exposure, ACC prosecutions, court freeze orders, and post-2024 financial-sector accountability reporting.

BankingBusinessPublic contractsGovernment

Claims: 0
Incidents: 0
Cases: 0
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S Alam Group

Last verified: 7 Aug 2026

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