A Dhaka court has ordered the freezing of shares worth BDT 8,133 crore ($730 million) belonging to controversial businessman S. Alam and his family members. On Sunday, Dhaka Metropolitan Sessions Judge Md. Zakir Hossain Galib issued the order following a petition from the Anti-Corruption Commission (ACC). The petition stated that S. Alam Group and its affiliated entities had obtained loans from various banks through illegal means and misappropriated funds to acquire vast assets both at home and abroad. The ACC argued that there were attempts to transfer and launder these assets, making their immediate freezing necessary to protect national resources.