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6 years ago

ACC questions former BASIC Bank chairman Bachchu for fourth time

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The anti-graft body has started interrogating former BASIC Bank chairman Sheikh Abdul Hye Bachchu for the fourth time over a Tk 35 billion loan fraud.

Anti-Corruption Commission (ACC) director Syed Iqbal Hossain started the questioning at the ACC headquarters at around 10am, said ACC public relations official Pranab Kumar Bhattacharjee on Thursday.

The ACC interrogated Mr Bachchu over the loan scam for the first time on December 4, for the second time on December 6 last year and for the third time on January 8.

It launched the investigation following allegations that around Tk 35 billion in loans had been illegally disbursed from the bank's Gulshan, Dilkusha and Shantinagar branches between 2009 and 2011.

After nearly four years of investigation, the anti-graft agency filed 56 cases with three police stations in Dhaka, accusing 156 individuals including 26 bank officials.

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