Court orders attaching 200 acres of S Alam land

A court in Dhaka on Tuesday ordered attachment of 200 acres of land owned by S Alam Group owner Mohammad Saiful Alam and people related to him over graft allegations, reports BSS.

Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the order, allowing a plea of the Anti-Corruption Commission (ACC).

The anti-graft body in its plea said the commission already formed a joint probe team and was investigating the allegations of money laundering against Mohammad Saiful Alam and people related to him.

"They embezzled huge money after taking loans from different banks illegally and amassed huge wealth at home and abroad. They are trying to hand over or transfer the property to evade justice and that's why the plots should be attached immediately," the plea added.