[6] FAS Finance and Investment Limited was established on 4 March 1997 and received license to operate as a merchant bank 22 January 1998.
[8] Prashanta Kumar Halder and his associates took control in 2014 and appointed Md Rassel Shahriar managing director of FAS Finance and Investment Limited.
[12] On 7 June 2021, Bangladesh Bank stopped Pritish Kumar Sarker, managing director of FAS Finance and Investment Limited, from travelling to the United States.
[14] Prashanta Kumar Halder had embezzled 13 billion taka from FAS Finance and Investment Limited through fraudulent loans.
[8] On 16 February 2022, Md Rassel Shahriar, former managing director of FAS Finance and Investment Limited was detained by the Anti-Corruption Commission.