Some entities of the much-talked-about S Alam Group and some family members of the group’s founder Mohammed Saiful Alam have around Tk 26,000 crore in six banks, said insiders, citing data sent by the banks to the National Board of Revenue (NBR).

Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud

Belal Ahmed, the former chairman of Social Islami Bank Ltd (SIBL), and Zafar Alam, managing director, have been sued for allegedly attacking a bank employee

"I apologise if I hurt the feeling and sentiment of the country’s people with my oversight and unintended mistake,” he said..

Security officials at Chattogram Shah Amanat International Airport today detained a man said to be a close aide of the controversial business group S Alam, in connection with the Islami Bank loan scam. He was taken from a Dubai-bound flight.Md Ansarul Alam Chowdhury, managing director of Inheren

S Alam Group's control over First Security Islami Bank Ltd (FSIBL) ended today after the Bangladesh Bank reconstituted the board of the Shariah-based bank, which was heavily dominated by individuals linked to the Chattogram-based conglomerate..The central bank dissolved the previous 11-mem

The Bangladesh Securities and Exchange Commission (BSEC) today barred Mohammed Saiful Alam, founder of Chattogram-based conglomerate S Alam Group, his family members and companies they own from transferring and selling their shares in six banks.

The banks are: Islami Bank Bangladesh, First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, and Bangladesh Commerce Bank

Chattogram-based conglomerate S Alam Group and garment manufacturer Nassa Group were given interest waivers amounting to Tk 2,544 crore bypassing banking rules, in a testament to the outsize influence oligarchs had on the banking sector during the Awami League-led government of the past 15 years.

The tax zone 15 of the tax administrator sent letters to 91 banks and financial institutions

We congratulate the chief justice for his forthright identification of one of the main issues of concern for Bangladesh’s future: corruption.

Banshkhali Chhatra Oikya Forum calls a dawn-to-dusk hartal in the upazila of Chittagong for Wednesday protesting Monday's incident that left four people killed in “police firing”.