Business

BASIC Bank ex-chair Bacchu skips ACC interrogation again

Sheikh Abdul Hye Bacchu
Sheikh Abdul Hye Bacchu

Former BASIC Bank chairman Sheikh Abdul Hye Bacchu again skipped today’s interrogation by the Anti-Corruption Commission (ACC) over loan scams amounting to Tk 4,500 crore between 2010 and 2013.

He did not appear at the commission's Segunbagicha office today as per schedule and sent a letter asking for two months' time instead saying he was “ill”.

Later, the ACC asked Bacchu to appear at its office on May 30. Otherwise, legal action will be taken against him, the ACC official said.

Earlier, Bacchu skipped ACC interrogation on the loan scam on May 7.

ACC officials are investigating 56 cases regarding the loan scams that took place when Bacchu was chairman of BASIC Bank.

The commission had earlier quizzed Bacchu on four occasions. He applied for a month's time on December 17 last year. But the commission rejected the application. He was first quizzed on December 4.

A Bangladesh Bank enquiry found that about Tk 4,500 crore was siphoned out of the state-run BASIC Bank.

On July 14, 2014, the central bank sent a report on the scam to the ACC, detailing how people embezzled money from the bank through dubious accounts.

The BB found that Bacchu illegally influenced all the activities of the bank, leaving the once-sound institution in a bad state.

In 2015, the ACC filed 56 cases but Bacchu was not accused in any of them.

On August 18 last year, a three-member bench of the Supreme Court expressed discontent at the ACC for not naming Bacchu and the bank's ex-board members.

The ACC summoned the former chairman and 10 ex-directors for quizzing three months later.

Comments

BASIC Bank ex-chair Bacchu skips ACC interrogation again

Sheikh Abdul Hye Bacchu
Sheikh Abdul Hye Bacchu

Former BASIC Bank chairman Sheikh Abdul Hye Bacchu again skipped today’s interrogation by the Anti-Corruption Commission (ACC) over loan scams amounting to Tk 4,500 crore between 2010 and 2013.

He did not appear at the commission's Segunbagicha office today as per schedule and sent a letter asking for two months' time instead saying he was “ill”.

Later, the ACC asked Bacchu to appear at its office on May 30. Otherwise, legal action will be taken against him, the ACC official said.

Earlier, Bacchu skipped ACC interrogation on the loan scam on May 7.

ACC officials are investigating 56 cases regarding the loan scams that took place when Bacchu was chairman of BASIC Bank.

The commission had earlier quizzed Bacchu on four occasions. He applied for a month's time on December 17 last year. But the commission rejected the application. He was first quizzed on December 4.

A Bangladesh Bank enquiry found that about Tk 4,500 crore was siphoned out of the state-run BASIC Bank.

On July 14, 2014, the central bank sent a report on the scam to the ACC, detailing how people embezzled money from the bank through dubious accounts.

The BB found that Bacchu illegally influenced all the activities of the bank, leaving the once-sound institution in a bad state.

In 2015, the ACC filed 56 cases but Bacchu was not accused in any of them.

On August 18 last year, a three-member bench of the Supreme Court expressed discontent at the ACC for not naming Bacchu and the bank's ex-board members.

The ACC summoned the former chairman and 10 ex-directors for quizzing three months later.

Comments

৮ দিনের নোটিশে চাকরি থেকে অব্যাহতি দিতে পারবে সরকার

জুলাই-আগস্ট গণঅভ্যুত্থানের পর ক্যাডার কর্মকর্তাদের মধ্যে পেশাগত দ্বন্দ্ব, কিছু কর্মচারীর কর্মস্থলে অনুপস্থিতি, সচিবালয়ে কর্মকর্তাদের রুমে হাতাহাতি, সচিবের রুম আটকিয়ে আন্দোলনসহ বিভিন্ন ধরনের...

১ ঘণ্টা আগে