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S Alam, wife sued over illegal assets worth over Tk 1,539cr

The Daily Star

Type
NEWS_REPORT
Document
Not stated
Jurisdiction
Not stated
Published
25 Mar 2025
Accessed
8 Aug 2026
Verification
Reviewed

Short excerpt

Report that the ACC filed two cases accusing Mohammed Saiful Alam and Farzana Parveen of amassing alleged illegal wealth and undeclared assets in Bangladesh and abroad.

Supported claims

  • ACC illegal-wealth case reporting
  • Foreign asset allegation context
  • No conviction is established by the article

Related cases

Related people

MS

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
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S Alam Group

Last verified: 7 Aug 2026

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S Alam, wife sued over illegal assets worth over Tk 1,539cr