By A Dhaka court has directed the Anti-Corruption Commission (ACC) to confiscate 7,919.52 kathas of land, valued at Tk 325.19 crore, belonging to S Alam Group Chairman Mohammad Saiful Alam, his family, and beneficiaries. The properties, located in Chattogram, were allegedly being transferred amid ongoing corruption investigations. This is the latest in a series of court actions, including freezing bank accounts with Tk 813.56 crore, seizing shares worth over Tk 5,100 crore, and confiscating lands and assets linked to money laundering and ill-gotten wealth. The ACC has been leading an extensive probe into allegations involving laundering $1 billion abroad.
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Source : The Daily Star
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