Secondary source

'Hey, who are you people?' — The story of a bank takeover

Prothom Alo

Type: INVESTIGATIVE_REPORT
Document: Not stated
Jurisdiction: Not stated
Published: 11 May 2026
Accessed: 8 Aug 2026
Verification: Reviewed

Short excerpt

Detailed report based on former directors, bank officials and Bangladesh Bank sources describing the alleged 2017 transfer of Islami Bank control to S Alam Group under state-security pressure.

Supported claims

Investigative account of Islami Bank takeover
Saiful Alam's role in reported bank-control transition
Source says attempts to obtain Saiful Alam's comment were unsuccessful

Original link

Related cases

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
Sources: 0
Relationships: 0

S Alam Group

Last verified: 7 Aug 2026

Explore profile