DB arrests 4 senior bankers over defaming S Alam owners
Police arrested four senior bankers including three Islami Bank officials in connection with a case filed over plastering posters and making social media posts to defame the owners of Chattogram-based S Alam Group.
The arrestees are Islami Bank's executive vice-presidents Sayeed Ullah and Shahidullah Majumder, Habibur Rahman, an official of the bank's security department, and Mosharraf Hossain, a former deputy managing director of Islami Bank who is now working at Social Islami Bank as the chief remittance officer.
S Alam Group is well-represented on the board of Social Islami Bank.
They were arrested from different areas in the capital on Wednesday, said Harun-or-Rashid, the chief of the Detective Branch, at a press briefing yesterday.
The arrestees have been spreading false information about Islami Bank.
"Islami Bank is a reputed bank. Few individuals have been attempting to destabilise the country's financial sector by spreading false information about banks and financial institutions through social media and other means," he added.
The arrestees are associated with Jamaat-e-Islami and Islami Chhatra Shibir, according to DMP's news portal dmpnews.org.
Earlier on January 8, DB arrested five people, including a 70-year-old businessman and two minors, in connection with the case.
They are businessmen Mohammad Nur Un Nabi, Afsar Uddin Roman and Abu Sayeed Saju. The two minors are aged between 17 and 15.
Abdul Kuddus, a deputy manager of S Alam group, filed the case with Gulshan Police Station on January 5 under the Digital Security Act.
In the case, Kuddus accused Nabi and Golam Sarowar Mia, and Mazharul Islam alias Rasel. Saju and Roman had not been mentioned.
Police arrested Rasel on December 27 in another DSA case filed by an S Alam Group official with Double Mooring Police Station in Chattogram. Nabi and Mia were accused in this case too.
Kuddus said he found posters demeaning S Alam Group on walls and pillars behind Nafi Tower in Gulshan-1 and its adjacent areas on December 22, according to the case statement.
Founded in 1985 by Muhammad Saiful Alam Masud Chowdhury, S Alam Group is one of the largest conglomerates in Bangladesh.
It has been in the news recently for its alleged borrowing of over Tk 30,000 crore from Islami Bank, where it has 26.73 percent stakes. The amount was way beyond the group's entitled quota, prompting the High Court to order an investigation.
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