HC summons BASIC Bank loan scam investigators

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Bangla Tribune Report
Published : 15:07, May 23, 2018 | Updated : 15:11, May 23, 2018

A Bangladesh Bank inquiry found nearly Tk 35 billion was siphoned off from the from the state-run specialised bank as loans between 2009 and 2012.

The High Court has summoned all investigators of the Anti-Corruption Commission (ACC) involved in probing the loan scam in state-owned BASIC Bank.
They have ordered to appear in court on May 30 with all documents of the cases filed over the Tk 35 billion scam.
The bench of Justice M Enayetur Rahim and Justice Shahidul Karim gave the order on Wednesday, when it heard bail petitions of some of the suspects.
“The court was told that the investigations are yet to end after two and a half years. But the ACC law requires investigations to be completed by 180 days,” ACC counsel Khrushed ALam Khan told the media after the hearing.
According to a Bangladesh Bank inquiry, nearly Tk 35 billion was disbursed as loans from the state-run specialised bank between 2009 and 2012, without any following the proper process.
In 2015, the ACC had filed the 56 cases over the scam against 156 people, including 26 BASIC Bank officials.

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