S Alam's two sons, 8 others sued over Tk75cr tax evasion
The accused include Saiful Alam’s sons Ashraful Alam and Asadul Alam Mahir.
The Anti-Corruption Commission (ACC) has filed a case against 10 individuals, including two sons of Saiful Alam, chairman of S Alam Group, over allegations of Tk75 crore tax evasion.
ACC Deputy Director Md Aktarul Islam confirmed the matter to reporters today (3 September).
The accused include Saiful Alam's sons Ashraful Alam and Asadul Alam Mahir, along with former deputy tax commissioner Aminul Islam.
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Additionally, seven officials of First Security Islami Bank have been implicated in connection with the tax evasion. They are Senior Vice President Md Helal Uddin, Branch Manager Muhammad Amir Hossain, former SVPs Md Ahsanul Haque and Ruhul Abedin, and officers Shamima Akter, Md Anis Uddin, and Gazi Muhammad Yakub.
The ACC's case alleges that the accused, by aiding one another through fraudulent means, created fake pay orders and used them as legitimate. While Tk125 crore in income tax was supposed to be paid on undeclared assets worth Tk500 crore, only Tk50 crore was reportedly paid, causing a revenue loss of Tk75 crore to the government.
