Dhaka, Feb. 20 -- The intelligence unit of the National Board of Revenue, or NBR, has uncovered financial transactions amounting to Tk 2.42 trillion in the accounts of prominent businessman Md Saiful Alam, commonly known as S Alam, and his family.

Ahsan Habib, director general of the Central Intelligence Cell, or CIC, shared these findings during a workshop titled Enhancing Mutual Cooperation to Prevent Tax Evasion and Money Laundering, at the Rajaswa Bhaban in Dhaka's Agargaon on Wednesday.

He described the "vast scale" of the transactions, saying: "Seven officers working across 10 computers for a month still could not complete data entry."

According to him, Tk 360 billion remained in bank accounts as balances over the past five years...