Order to submit list of all immovable assets of S Alam Group
September 29, 20242 Mins Read
Jumbangla Desk: The High Court has ordered to submit the list of all immovable assets of S Alam Group, shareholders, directors of this company and their family members. The Law Secretary and the Inspector General of the Directorate of Registration have been directed to submit the list within four weeks.

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On Sunday (September 29) the High Court judge on the preliminary hearing of a writ. The bench consisting of Kamrul Hossain Molla and Justice Kazi Zeenat Haque gave this order along with the rule.

The ruling has asked S Alam Group, the company's shareholders, directors and their family members to disclose the total amount of loans disbursed and steps taken to recover the money laundered. At the same time, S Alam Group, shareholders, directors of this company and their family members have also been asked to know why the ban order will not be given on the sale and transfer of shares. Bangladesh Bank, financial intelligence agency Bangladesh Financial Intelligence Unit (BFIU) and Bangladesh Securities and Exchange Commission (BSEC) have been asked to respond to these rules within four weeks.

Lawyer barrister for the writ today in the court. Rukunuzzaman himself conducted the hearing. And lawyer Shaheen Ahmed heard on behalf of ACC. Deputy Attorney General Tanim Khan appeared for the state. Rule and order matter lawyer. Rukunuzzaman himself confirmed. Earlier, S Alam Group, the company's shareholders, directors and their family members filed a writ of the Supreme Court on September 17 seeking a ban on the transfer or sale of all immovable assets. Rukunuzzaman.

In the hearing of the writ on September 22, the lawyer of the Anti-Corruption Commission (ACC) told the court that the agency (ACC) has started investigation into the money laundering cases that have come against S Alam Group. He asked for time to provide updated information. In view of this, the court adjourned the hearing on that day and asked the ACC lawyer to inform the court on Sunday (September 29) about the information related to the investigation on the allegations of money laundering of S Alam Group. In continuation of this, the court held a hearing today and gave an order along with the rule.