SA Group boss barred from leaving country

A Chittagong court yesterday issued an injunction forbidding Md Shahabuddin Alam, managing director of SA Group, from leaving the country in connection with a graft case.

Shahabuddin has been absconding since National Bank Ltd lodged the case in 2016 for swindling TK 200 crore, said National Bank's lawyer Md Kazi Sanowar Ahmed Lablu.

During hearing, the court ordered the immigration authorities at three international airports --Shah Amanat International Airport, Shahjalal International Airport, Dhaka, and Osmani International Airport, Sylhet, to take necessity steps so that the accused cannot leave the country, he added.

According to the case statement, Shahabuddin imported goods (CP Olien) worth Tk 200 crore from abroad which he later received from the Chittagong Port submitting forged bank documents between 2013 and 2014.

The bank authorities detected the forgery later and filed a case against Shahabuddin and Md Didarul Alam, senior DGM (finance and banking) of SA Group, with Double Mooring Police Station on March 27, 2016.