A Dhaka court has ordered the seizure of shares worth approximately Tk 800 crore belonging to S. Alam Group Chairman Mohammad Saiful Alam, his family, and close associates. The order, issued by Senior Special Judge Sabbir Fayeaz of the Dhaka Metropolitan Senior Special Judge’s Court on Monday (October 20), came following a petition from the Anti-Corruption Commission (ACC). According to ACC sources, a total of 513,182,286 shares across 105 companies and institutions, valued at Tk 800.37 crore, were frozen to prevent their transfer. The petition, filed by ACC Deputy Director Tahsin Monabil Haque, alleged that Alam and his associates were attempting to move the shares elsewhere. This move follows an earlier court directive on July 9 to freeze 53 bank accounts held by the same individuals amid ongoing corruption allegations against the group.