Desk Reports :
The Anti-Corruption Commission (ACC) has decided to file a case against 10 people, including two sons of Saiful Alam alias S Alam, the head of the controversial S Alam Group, on charges of tax evasion of Tk 750 crore.
ACC Director General Md. Akhter Hossain confirmed the matter to the media on Wednesday.
Tax evasion of Tk 75 crore: Case filed against 10 people including S Alam’s 2 sons
The accused in the case are S Alam’s sons Ashraful Alam and Asadul Alam Mahir, former Deputy Tax Commissioner Aminul Islam, and seven officials of First Security Islami Bank.
The bank officials include Senior Vice President Md. Helal Uddin, Branch Head Muhammad Amir Hossain, former SAVPs Md. Ahsanul Haque and Ruhul Abedin, officers Shamima Akhter, Md. Anis Uddin and Gazi Muhammad Yakub.
The ACC investigation report said that the accused, with the help of each other, created fake pay orders through fraud and used them as legitimate. Although they were supposed to pay tax of Tk 125 crore to legalize the undisclosed amount of Tk 500 crore, they paid only Tk 50 crore. As a result, the government lost Tk 75 crore in revenue.
The ACC approved a case against them under Sections 467, 468, 471, 409, 109 of the Penal Code and Section 5(2) of the Prevention of Corruption Act, 1947.
The National Board of Revenue (NBR) suspended three tax officials in October last year for allegedly providing benefits in income tax documents. The ACC then launched an investigation.
