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Writ seeks prohibition on transfer of S Alam properties

Writ seeks prohibition on transfer of S Alam properties

Court Correspondent

A Supreme Court lawyer has filed a writ petition with the High Court seeking its order to prohibit transfer of S Alam Group's properties.

Advocate Md Rukunuzzaman submitted the petition as a public interest litigation to the HC on 17 September.

In the petition, the lawyer also prayed for the HC directives on the authorities concerned to submit a list of the assets of S Alam Group's shareholders, directors and their family members.

He urged the HC to seek information about the total loan amount, current status and liabilities taken by the shareholders, directors and other business-related organisations of S Alam Group from banks or financial institutions.

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