TDS Desk:

Preliminary investigations by the National Board of Revenue (NBR) found only Tk 5.5 lakh in the account of the controversial businessman Mohammad Saiful Alam (S Alam). However, in the last five years, 1 lakh 9 thousand crore taka have been transactioned in more than two hundred accounts at 6 banks in the name of 57 individuals and affiliated companies. 26,000 crores taka are still deposited in the accounts.

The six banks where these massive sums were discovered are: Islami Bank, Exim Bank, Bangladesh Commerce Bank, Al-Arafah Islami Bank, First Security Islami Bank, and National Bank.

Tax officials have found information about unusual transactions by analyzing the data of the companies. The funds are deposited under various accounts, including those of S Alam, his wife Farzana Parveen, his brother Abdullah Hasan, and other family members.

Tax Zone-15 has recently written to banks and financial institutions seeking details of transactions of five years of S Alam family members. Most of the banks have already given the information. Where the information of these 57 individuals and companies have been found in the name of S Alam family in six banks.

One of these companies is S Alam Cold Rolled Steel Limited. Tk 84,000 crore have been deposited in the account of this company in the last five years. Now there is a quarter of Tk 4,750 crore. According to tax officials, most of S Alam’s loan amount is accumulated as such. Later the money was withdrawn gradually.

Tk 7500 crores deposited the account of S Alam Vegetable Company. Now there is more than 4500 crore taka. 5500 crores are deposited in the account of Super Edible Company. There is still more than 4,500 crore taka. Global Trading Corporation has more than 3600 crores in its account. S Alam Trading Company has a quarter of 5,000 crore taka.

NBR Chairman Abdur Rahman said, we will do it slowly by fixing the priority of who is evading tax from any perspective. I don’t think anyone is exempt from this. We will bring everyone under Tax mat.

Among the family members, S Alam’s brother Abdullah Hasan is the most prominent in bank transactions. Taka 900 crores were deposited in his account in the last five years. Including the previous generation, now there are about 1,500 crores. But S Alam himself is in a state of emptiness. Only tk 20 crores deposited in his account but now has only 5.5 lakh. And his wife’s account has only 17 lakhs.

Tax officials said that the amount of transactions may increase after getting the information of the rest of the institutions. After getting all the information, tax evasion and related crimes will be investigated.