Dhaka, Nov. 17 -- The High Court has put on hold the former government's decision that permitted Mohammed Saiful Alam, chairman of the S Alam Group, to voluntarily give up his Bangladeshi citizenship.

The order was passed on Sunday by a bench comprising Justice Sikder Mahmudur Razi and Justice Raziuddin Ahmed, in response to a writ petition lodged by Islami Bank Bangladesh.

Confirming the development to The Business Standard, the bank's counsel, Abdul Kaiyum, said the court has also sought an explanation as to why Alam should not be compelled to return to Bangladesh and face trial.

The ministries of home affairs and foreign affairs have been instructed to submit their replies to the rule.

According to Lawyer Kaiyum, Alam allegedly sec...