S Alam Group
5 held for spreading rumors on social media about Islami Bank, S Alam group
Detectives in a drive on Sunday arrested five people from different parts of the city, for spreading rumors on social media about the reserve crisis of Islami Bank and S Alam group. Harun-or-Rashid (DB), additional police commissioner of Dhaka Metropolitan Police (DMP), disclosed the information when talking at a press briefing held at DMP media centre on Monday. The arrestees were identified as Mohammad Nur-un-nabi, Afsar Uddin Roman, Abu Syed Saju, Swadhin Mia and Abdus Salam. Also Read: Scam-hit Islami Bank earns operational profit in 2022, Basic Bank reports loss When briefing, Harun said the arrestees were involved in spreading rumors through social media from home and abroad. Besides, they were also involved in discouraging the expatriates from sending remittances, he said. “We have got the names of all who were involved in it and action will be taken against them soon,” he added. Former director of Islami Bank and officials were also involved in the syndicate. Also Read: Observers appointed for S Alam Group-controlled IBBL and FSIB Replying to a question, whether there is any involvement between the syndicate members or any political parties, the DMP commissioner said “We have found involvement of Jamaat-Shibir men in the group.” He also urged people not to pay any heed to the rumours as currently there is a sufficient foreign reserve. Also Read: Tk 30,000cr loan from Islami Bank: HC asks S Alam Group to explain reports Mentioning that the bankruptcy of banking sectors and financial institutions is nothing but a rumour, Harun also asked people to refrain from withdrawing money from the banks.
Tk 30,000cr loan from Islami Bank: HC asks S Alam Group to explain reports
The High Court today ordered the authorities concerned to probe into the much talked about and reported “loan scam” in three banks – Islami Bank, Social Islami Bank Ltd and First Security Islami Bank – and submit the report within next four months. The HC bench of Justice Md Nazrul Islam Talukder and Justice Khizir Hayat passed the order after issuing a Suo Motu (voluntary) rule following newspaper reports. The court directed Bangladesh Bank’s Bangladesh Financial Intelligence Unit (BFIU), Anti-Corruption Commission (ACC) and Bangladesh Police’s Criminal Investigation Department (CID) to submit the probe report. Read: Basic Bank loan scam: HC orders ACC to complete probe in 3 months At the same time, the court ordered the authorities of these three banks to submit the list of bank officials involved in approving loans worth thousands of crores of taka. The HC also issued a rule, asking why the inaction of the banks to take action against those responsible for approving loans worth thousands of crores and S Alam Group’s Tk 30,000 loan should not be declared illegal. The rule also asked why no instructions should be given to take action against those responsible. Read: Loan default case: 12 Pabna farmers get bail Besides, the HC bench asked S Alam Group to explain the newspaper reports that said the company took Tk 30,000 crore from Islami Bank. The court also set April 5 next year for the hearing and asked to submit the report after verifying the authenticity of the news published. Advocate Khurshid Alam Khan for ACC and Deputy Attorney General AKM Amin Uddin Manik for the state were present in the court. Read More: Loan default case: 12 Pabna farmers get bail On November 24, a report was published in the daily Prothom Alo stating that an “unscrupulous group” had taken a loan of Tk 2,000 crore from Islami Bank Bangladesh Limited (IBBL) by opening two companies with fake addresses and papers. In all, about Tk 7,000 crore loans have been approved from Islami Bank in various ways in the name of eight companies this year. The maximum amount of loan, Tk 2,460 crore, was withdrawn from November 1 to 17, according to the newspaper report. Read More: Women entrepreneurs repay loans in most cases: Commerce Minister In the same way, the companies have withdrawn Tk 2,320 crore loan from Social Islami Bank Limited (SIBL) and the First Security Islami Bank. As a result, the debt of the companies with interest to these three banks has increased to Tk 9,500 crores, it added. Meanwhile, another report published in the New Age newspaper on November 29 said that S Alam Group alone has taken loan of Tk 30,000 crore from Islami Bank. Read More: Payment of Hajj Finance Loan and DPS Instalment through Nagad
Pay Tk 5 lakh each to families of Banshkhali shooting victims: HC
The High court on Tuesday ordered the S Alam Group to pay Tk 5 lakh each to families of the seven men killed in police firing in Chattogram’s Banshkhali on April 17. Justice M Enayetur Rahim and Justice Sardar Md Rashed Jahangir’s bench also issued a rule seeking an explanation why a judicial investigation should not be ordered into the incident. The order and ruling came after hearing on two writ petitions. Five workers were killed and over 30 injured as police opened fire on demonstrators demanding payment of dues as well as breaks for prayer/iftar during Ramadan. Also read: Govt announces compensation for Banshkhali victims Later, two more workers succumbed to their injuries. Police and the district administration formed two committees to investigate the incident. The court has ordered them to submit their reports within 45 days. S Alam group was ordered by the court to submit a report on actions taken for providing treatment and treatment expenses to the victims within 45 days. The High Court has also asked why Tk 3 crore to each family of the deceased and Tk 2 crore each to injured victims’ families should not be provided. Also read: 2500 sued over Banshkhali incident It also asked why the failure to take proper action and ensuring the safety of the victims’ families should not be declared illegal. Until now two cases have been filed, blaming the workers for the incident. The victims' families have not sought legal recourse yet.
Zafrullah demands Tk 50 lakh compensation for families of each worker killed in Banshkhali
A demand of Tk 50 lakh in compensation for the families of each worker killed in police firing at S Alam Group's coal-based power plant in Banshkhali has been raised by Dr Zafrullah Chowdhury, trustee of Gonoshasthaya Kendra. Dr Zafarullah placed the demand in front of media while visiting the families of the killed workers on Sunday. Along with the compensation, Dr Zafarullah demanded employment for the family members of the victims. Also read: 2500 sued over Banshkhali incident He also demanded judicial investigation of the police firing incident at the under-construction power plant, owned by S Alam Group and a Chinese company in a joint venture. On April 17, five workers lost their lives and more 30 sustained injuries as police open fired on protesting workers. They were agitating for payment of dues as well as breaks for prayer/iftar during Ramadan. Later on April 21, another worker injured in the incident breathed his last in hospital. Also read: Banshkhali incident: SKOP demands judicial investigation Police and District administration have formed two probe bodies on this matter. Until now two cases have been filed in this connection, blaming the workers for the incident. Victims' families have not sought legal recourse
Writ seeks judicial inquiry into Banskhali shooting
A writ was filed with the High Court on Thursday seeking judicial inquiry into the death of five workers of a coal-based power plant of S Alam Group in police firing in Banshkhali upazila of Chattogram. Advocate Syeda Nasreen filed the writ petition on behalf of the human rights organization Ain o Salish Kendra. The writ also sought compensation of Tk 3 crore to the families of the deceased and of Tk 2 crore to the families of the wounded. Also read: Police firing in Chattogram leaves five workers dead While talking to the media, Nasreen said that the High Court bench headed by Justice M Enayetur Rahim could hear the writ petition next week. Earlier on April 18, a legal notice was sent by the human right organisation to take necessary actions against those involved in the incident. Home , Law , Industries and Commerce Secretaies, Inspector General of Police, among others, were made respondents to the notice. Nasreen said that the writ was filed as there was no reply of the legal notice. On April 17, five workers of a coal-based power plant of S Alam Group were shot to death and 25 others injured in a clash between police and workers over payment of their dues in Banshkhali upazila of Chattogram district. Also read: Banshkhali incident: SKOP demands judicial investigation The victims were identified as Ahmed Reza, Rony Hossain, Shuvho, Mohammad Rahat and Mohammad Raihan. Another worker, who sustained bullet injuries during the clash died at Chittagong Medical College and Hospital on Wednesday, raising the death toll to six. Two cases have been filed against over 2,500 people in connection with the incident. Also read: 2500 sued over Banshkhali incident