Bangladesh, July 26 -- An Islami Bank share fraud case filed during Mohammad Shahabuddin's presidency has surfaced after his resignation, nearly 10 months after it was filed.

The former president is among 20 people accused of conspiring to fraudulently acquire shares worth Tk 2.51 billion.

Senior Officer Abdus Smad, acting on behalf of Islami Bank, filed the case on Sept 4, 2025, at the Senior Special Judges' Court in Dhaka.

The lawsuit names 20 individuals as suspects, alleging a planned conspiracy to acquire shares worth Tk 2.51 billion under the name of Brilliant Business Company Ltd through "corruption, fraud, and illegal coercion to loot and embezzle bank funds".

Judge Md Sabbir Faiz recorded the plaintiff's statement and accept...