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Sikder Group controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2025

    Thai asset-freezing order

    A Dhaka court ordered the freezing of investments totaling 353 million Thai baht in seven Thai companies linked to three children of former National Bank chairman Zainul Haque Sikder.

  2. 2024

    Bank exposure and loan-classification scrutiny

    Late-2024 reporting described First Security Islami Bank exposure to Sikder Group exceeding Tk 2,254 crore and alleged that a significant portion of the lending had not been classified properly.

  3. 2020

    Exim Bank shooting and abduction allegations

    Exim Bank filed a complaint alleging that its managing director and associate managing director had been shot at and abducted. Ron Haque Sikder and Dipu Haque Sikder were named in the case, later left Bangladesh by air ambulance, and were subsequently acquitted after the complainant did not object to acceptance of a police final report.

  4. 2010

    California worker-exploitation lawsuit

    California filed a US$6.6 million lawsuit against a carwash business associated with Sikder Group, alleging that workers had been exploited. The available reference does not provide the final disposition or detailed findings.