A Dhaka court has imposed a travel ban on ten top officials of Islami Bank Bangladesh Limited, including former Managing Director Mohammad Monirul Mawla, in connection with allegations of facilitating irregular loans to a company linked to S Alam Group Chairman Saiful Alam.
The order was issued on Tuesday by Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib following a petition from the Anti-Corruption Commission (ACC).
The other officials barred from leaving the country are Miftah Uddin, Mohammad Ehsanul Islam, Mohammad Sirajul Kabir, Muhammad Kaiser Ali, Taher Ahmed Chowdhury, Mohammad Mostak Ahmed, Hossain Mohammad Faisal, Ahmed Zubaytul Haque, and S M Tanvir Hasan.
According to the ACC’s petition, these officials allegedly assisted in providing substantial loans to entities connected to S Alam Group in violation of banking regulations.
The ACC argued that the accused individuals were attempting to leave the country, which could obstruct the ongoing investigation.
The commission emphasized that their presence is essential to ensure a thorough and uninterrupted inquiry.
After reviewing the petition, the court granted the ACC’s request and officially prohibited the individuals from traveling abroad until further notice.
