Dhaka, June 24, 2025 (BSS) - A Dhaka court today imposed a travel ban on 10 officials of Islami Bank Bangladesh PLC over alleged embezzlement of funds through irregular loans sanctioned to firms linked with S Alam Group.

Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the order following a petition filed by Anti-Corruption Commission (ACC).

The bank officials facing the travel ban are former managing director of the bank Mohammad Monirul Moula, bank officials Miftah Uddin, Mohammad Ehsanul Islam, Mohammad Sirajul Kabir, Muhammad Kawser Ali, Taher Ahmed Chowdhury, Mohammad Mostaq Ahmed, Hossain Mohammad Faisal, Ahmed Zubaytul Haque, and SM Tanvir Hasan.

In its plea, the ACC said a probe team has been formed to investigate the allegations of embezzlement through unlawfully approved loans. The accused were reportedly trying to leave the country, which could hamper the ongoing investigation. The travel ban was sought to ensure the proper continuation of the probe.