The Money Mortgage Court docket in Chattogram today (1 December) issued summons towards 10 other folks including S Alam Neighborhood Chairman Md Saiful Alam, his wife and his four siblings in a loan default case.
Janata Monetary institution filed the case towards the conglomerate’s World Purchasing and selling Company for defaulting on Tk1,963 crore.
Confirming the subject, Rezaul Karim, the court docket’s bench assistant, stated the court docket has also ordered the transfer of the firm’s shares.
Md Saiful Alam, his wife Farzana Parvin, brothers Mohammad Rashedul Alam, Md Abdullah Hasan, Abdus Samad (Labu), Osman Gani, Md Shahidul Alam, his brother’s wife Shahana Ferdous, World Purchasing and selling Company Chairman Mohammad Abdus Sabur and Director Mishkat Ahmed had been made defendants within the case.
To boot to World Purchasing and selling Company, 13 diverse institutions of the S Alam Neighborhood had been also made defendants within the case.
