NBR calls details of 91 accounts of S Alam, family

The National Board of Revenue (NBR) has requested the details of 91 accounts associated with controversial businessman S Alam and his family members with different banks and financial institutions.

The NBR's income tax department issued the directive to all banks and financial institution on Thursday, August 15, through a letter from Tax Zone-15 in the capital.

The industrial group has been accused of various unethical activities including occupying banks and money laundering.

Sources in Tax Zone-15 have confirmed that the National Board of Revenue (NBR) has summoned the bank account details of S Alam's wife, Farzana Parveen; his mother, Chemon Ara Begum; and his brother, Abdullah Hasan. 

The NBR has requested information on all bank accounts, including those held in joint names or under the names of business establishments by their parents, spouses, children, or siblings. Additionally, the NBR has sought details on all types of bank accounts and credit cards maintained by S Alam and his entire family across banks, financial institutions, the Directorate of National Savings, and the Department of Posts.

Farzana Parveen and Abdullah Hasan are directors of S Alam Luxury Chair Coach Service and S Alam Cold Rolled Steel Limited, while Chemon Ara Begum is a director of Luxury Chair Coach Service. Their financial account details have also been requested.