Photo: Bonik Barta Singapore's financial intelligence agency, the Financial
Intelligence Unit (FIU), has sent a letter to the Bangladesh Financial
Intelligence Unit (BFIU) requesting information on the assets of S Alam Group,
both domestically and internationally. Recently, Singapore's
FIU sent an email regarding this matter to the BFIU. A responsible officer from
the BFIU has confirmed this information.
On the condition of
anonymity, the BFIU official said there have been various media reports
regarding the assets of S Alam Group, both domestically and internationally,
for a long time. Following the fall of Sheikh Hasina's government on August 5, the Bangladesh Bank and
BFIU have been actively investigating the group's irregularities, corruption, and asset laundering.
While the investigation is ongoing, Singapore's financial intelligence agency has emailed the BFIU
requesting information about the assets of S Alam Group and its owners. They
are preparing to provide the requested information soon. The BFIU will also
send a letter to the Singaporean agency seeking information about the group's
assets in that country.
After Dr. Ahsan H Mansur
took office as governor, the Bangladesh Bank dissolved the boards of eight
banks controlled by S Alam Group and formed a new board for these banks. The
BFIU has sent a letter requesting the suspension of all bank accounts belonging
to S Alam Group Chairman Saiful Alam Masud and his family members and
information on their transactions.
The Bangladesh
Securities and Exchange Commission (BSEC) and the National Board of Revenue
(NBR) have taken similar actions.
