Tk 12cr loan with fake names: Case against S Alam 

A case has been filed against six people including S Alam Group Chairman Saiful Islam Masud for taking about Tk 12 crore loan using false names.

They used the ID cards of Mojibur Rahman, a restaurant employee, and Wasia Akhter, a restaurant owner. 

Mojibur Rahman filed the case with the court of Chattogram Metropolitan Kazi Shariful Islam on Monday. 

Other accused are Saiful Islam Masud’s APS SM Nazrul Islam, First Security Islami Bank Chawkbazar branch officers Humayun Kabir, Shahab Uddin, Nazrul Islam and Mohammad Osman.

According to the case statement, a fake company called Neelima Neel Agro was opened in 2014 using their national ID cards. On November 25 of the same year, a loan of Tk 12 crore was issued from the Chawkbazar branch of First Security Islami Bank, controlled by S Alam.