July 22, 2026
Former central bank deputy governor takes the reins as sudden resignations shake board
One of the cases names the conglomerate's head Saiful Alam Masud as the key suspect
He says the architects of the banks’ current state will not return to finance
ACC alleges attempts to transfer or dispose of the shares amid money laundering probe
The demonstration comes a day after dismissed employees blocked a highway in Chattogram, protesting against their termination
The case involves the embezzlement through a fraudulent company, implicating S Alam Group, Nabil Group, and former Islami Bank officials
The cases name 40 accused in total, including S Alam’s relatives and officials of Islami Bank
All banks in the Upazila have remained blocked until 1pm
