BSS
  09 Sep 2025, 20:41

Two sons of S Alam among 10 sued for tax evasion

CHATTOGRAM, Sept 9, 2025 (BSS) - The Anti-Corruption Commission (ACC) has filed a case against 10 individuals, including two sons of Saiful Alam, head of the S Alam Group, on charges of tax evasion amounting to approximately Taka 75 crore.

ACC Deputy Assistant Director Nizam Uddin filed the case at the Chattogram District Integrated Office-1 today.

ACC Deputy Director Subel Ahmed in Chattogram confirmed that the accused include Saiful Alam's sons Ashraful Alam and Asadul Alam Mahi, former Deputy Tax Commissioner Aminul Islam, and seven officials of First Security Islami Bank.

The bank officials named in the case are Senior Vice-President Md Helal Uddin, Branch Head Muhammad Amir Hossain, former Senior Assistant Vice-President (SAVP) Md Ahsanul Haque, former SAVP Ruhul Abedin, officials Shamima Akhter, Anis Uddin and Gazi Muhammad Yakub.

According to the case statement, they were supposed to pay income tax of Taka 125 crore to legalize an undisclosed amount of Tk 500 crore but paid only Tk 50 crore, causing a revenue loss of Taka 75 crore to the government.

Last October, three senior officials of the NBR’s income tax division were suspended over allegations of receiving bribes and granting undue tax benefits to the two sons. The ACC launched an inquiry based on these allegations.