S Alam Group and its associate companies took out Tk 95,331 crore between 2017 and June this year from six banks.
However, the total amount taken from these six banks is likely higher, according to Bangladesh Bank and bank officials with knowledge of the matter.
Former prime minister Sheikh Hasina’s private industry and investment advisor Salman F Rahman who is now in police remand, said that half of Tk 95,331 crore was given to Sheikh Rehana and Hasina's son Sajib Wazed Joy.
During remand, Salman F Rahman said that Sheikh Hasina's family members used to push for new projects. New projects mean higher commissions. Sheikh Hasina knew everything about it. But she never interferes on it.
Sources related to the investigation said that money looted from the banks by S Alam was laundered abroad and such irregularities took place under the direct supervision of former Bangladesh Bank Governor Abdur Rauf Talukder
Salman F Rahman is in the custody of the Dhaka Metropolitan Detective (DB) police since his arrest.
Former prime minister Sheikh Hasina's private industry and investment adviser Salman F Rahman and former law minister Anisul Haque were arrested on August 13 from the Sadarghat area of the capital Dhaka. Courtesy: Jugantar
