A Dhaka court has ordered the appointment of a receiver to manage the seized properties of Mohammad Saiful Alam, chairman of S Alam Group. The order was issued on Monday, January 19, 2026, by Dhaka Metropolitan Senior Special Judge Md Sabbir Foyez. According to court bench assistant Md Riaz Hossain, the decision concerns 463.87 decimals of land and structures in Chattogram that had previously been confiscated.

The Anti-Corruption Commission’s Deputy Director, Tahasin Munabil Haque, had earlier filed a petition seeking the appointment of a receiver to oversee the seized assets. After a hearing, the judge granted the request. The same court had earlier, on January 11, ordered the seizure of the properties belonging to the S Alam Group chairman.

The appointment of a receiver indicates that the court aims to ensure proper management and preservation of the confiscated assets while legal proceedings continue.