A Dhaka court on Thursday directed authorities to request an Interpol red notice for the arrest of Mohammad Saiful Alam, widely known as S Alam, chairman of the controversial business conglomerate S Alam Group, along with vice chairman Abdus Samad and director Mohammad Abdullah Hasan.
Senior Special Judge Sabbir Foyez of the Dhaka Metropolitan Court issued the order following a petition by the Anti-Corruption Commission (ACC) submitted on Thursday (25 September) by ACC Deputy Director Tahasin Munabil Haq. ACC public relations officer Aktarul Islam confirmed the information.
According to the petition, the accused created a fake company named AM Trading and, through criminal misconduct and breach of trust, prepared and used forged documents. They allegedly misused their authority to embezzle Tk 104.20 crore in the name of loans. The petition further stated that Saiful Alam laundered and transferred this amount, converting it into Tk 340 crore in favor of S Alam Super Edible Oil.
The petition also noted that several attempts were made to arrest the accused during the investigation, but they remain absconding abroad. "Therefore, we humbly request the Ministry of Home Affairs to take necessary measures to execute the arrest warrants against Mohammad Saiful Alam, Abdus Samad, and Mohammad Abdullah Hasan through Interpol," the ACC petition said.