Law Justice

Islamic Bank Share Scam: Court Orders ACC to Investigate Former President Sahabuddin Chuppu

Dhaka Magazine Desk Published: Saturday, 25 July 2026 1 min read

According to court sources, in the case filed in 2025, allegations of irregularities and fraud in Islamic Bank's share transactions have been brought against Md. Sahabuddin Chuppu and his owned company JMC Builders.

Meanwhile, the court was informed that a report submitted by the Bangladesh Financial Intelligence Unit (BFIU) to the High Court mentioned the involvement of Md. Sahabuddin Chuppu and his company JMC Builders in the Islamic Bank share scam.

As per the court's directive, the ACC must submit a report after completing the investigation into the allegations.

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