COURT CORRESPONDENT

A Dhaka court yesterday ordered the Anti-Corruption Commission to confiscate 1,006 bighas of immovable properties owned by S Alam Group Chairman Mohammed Saiful Alam, his affiliated organisations, and his family members in connection with corruption allegations against them.

Judge Md Zakir Hossain of Dhaka Metropolitan Senior Special Judge’s Court passed the order after ACC Deputy Director Tahasin Munabil Haque, who is leading the inquiry team, submitted an application to this effect.

On February 23, the same court ordered the ACC to freeze 227 bank accounts of S Alam and his family.

On February 12, the same court ordered the ACC to freeze 437.85 crore shares of 42 companies belonging to S Alam and his family. The value of these shares stands at Tk 5,109,67,96,260.

On January 30, the court ordered concerned authorities to confiscate 58 acres of immovable property worth Tk 368 crore belonging to S Alam and his family.

CONFISCATE ASSETS OF SHAYAN F RAHMAN

The same Dhaka court yesterday ordered the ACC to take steps to confiscate the immovable properties in London owned by Ahmed Shayan Fazlur Rahman, son of Salman F Rahman, former private industry

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