Dhaka, 18 October, Abnews: A Dhaka court has sent Md Shahabuddin Alam, managing director (MD) of SA Group, to jail in a case filed over loan forgeries.
Dhaka Metropolitan Magistrate Sarafuzzaman Ansari passed the order on Wednesday.
SA Group is one of the largest defaulters of the country with over Tk 3,000 crore loans with different banks and financial institutions.
Shahabuddin has been facing several dozen criminal cases and civil suits under Artha Rin Adalat Ain filed by different banks.
ABN/Adrian/Jasim/AD