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The Business Standard

Wednesday
January 07, 2026

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WEDNESDAY, JANUARY 07, 2026

S Alam

S Alam

How S Alam’s Global Islami Bank cooked Tk2,259cr loss into Tk128cr profit

How S Alam’s Global Islami Bank cooked Tk2,259cr loss into Tk128cr profit

A recent audit report by the Bangladesh Bank reveals a stunning act of balance sheet manipulation, where the bank, despite incurring a substantial loss of Tk2,259 crore, falsely reported a net...

Photo: Collected

Court orders seizure of S Alam Group assets over Tk10,280cr defaulted loan

S Alam Group Chairman Mohammad Saiful Alam (L) and businessman PK Haldar (R). Photo: Colelcted

Tk271cr loan scam: ACC sues S Alam, PK Haldar, 13 others

S Alam Group Chairman Mohammed Saiful Alam. Photo: Collected

Court orders freezing foreign investment of S Alam, wife

S Alam Group Chairman Mohammed Saiful Alam. Photo: Collected

Court attaches 200 acres land of S Alam

Photo: Collected

Two cases filed against S Alam Group chairman, others over embezzling Tk1,102cr

Banks find no buyers for S Alam Group's auctioned properties to recover money

Banks find no buyers for S Alam Group's auctioned properties to recover money

Islami Bank puts S Alam's steel mill, power plant, edible oil factory on auction to recover over Tk2,180cr dues

Islami Bank puts S Alam's steel mill, power plant, edible oil factory on auction to recover over Tk2,180cr dues

Logo of Islami bank. Photo: Collected

Islami Bank gears up for legal battle against S Alam, other institutional shareholders

Logo of Islami Bank. Photo: Collected

Islami Bank puts S Alam-linked Unitex Composite Mills on auction to recover debt

Islami Bank announces auction of S Alam's 11-acre property to recover Tk9,948cr dues

Islami Bank announces auction of S Alam's 11-acre property to recover Tk9,948cr dues

S Alam Group Chairman Mohammed Saiful Alam. Photo: Collected

Court attaches 13,067 decimal plots of S Alam

Infograph: TBS

NPLs in S Alam-controlled banks under Hasina jumps by Tk86,000cr in Jul-Dec

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