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A court in Dhaka has ordered the freezing of approximately 113 crore 9 million BDT (about 1.13 billion) across 53 bank accounts belonging to Saiful Alam, chairman of the controversial S. Alam Group, and his associates. The accounts are held with First Security Islami Bank, Mutual Trust Bank, and Islami Bank Bangladesh Limited. The Anti-Corruption Commission (ACC) revealed attempts to withdraw large sums from these accounts, prompting the court order under the Money Laundering Prevention Act to prevent the funds from being moved during ongoing investigations. The ACC warned that any unauthorized removal of the money would complicate recovery efforts.

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