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NTV Online
28 March, 2016, 18:39
Update: 28 March, 2016, 18:39
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Basic Bank official among 4 arrested by ACC

NTV Online
28 March, 2016, 18:39
Update: 28 March, 2016, 18:39

Dhaka: The Anti Corruption Commission (ACC) has arrested four people, including a Basic Bank official, in connection with swindling out of huge money from the state-run bank.

An ACC team, led by its director Syed Iqbal Hossain, conducted drives in the city’s Gulshan, Uttara, Baridhara, Dhanmondi and Mohammadpur areas on Sunday night and detained the four people.

The detainees are Syed Hasibul Gani of M/s Emerent Dress Limited, proprietor of Asian Shipping BD Md Akbar Hossain, managing director of a private firm Foyzun Nabi Chowdhury and assistant general manager of Basic Bank Iqramul Bari.

Iqbal Hossain said the ACC detained the four people to gear up its investigation into the Basic Bank loan scam.  

The detainees, now in Ramna Police Station, are supposed to be produced before court on Monday evening as the Commission will seek to take them on remand for questioning, official sources said.  

Earlier on January 7 last, the Commission arrested three officials of Basic Bank in connection with the loan scam.  

In September 2015, the national anti-graft body filed 56 cases against 156 people in connection with the swindling out of about Tk 2,000 crore from Basic Bank. The detainees were sued in most of the cases.

On October 22, 2015, the ACC formed a six-member probe team to investigate the cases.  

According to a Bangladesh Bank inquiry, about Tk 4,500 crore was swindled out from Basic Bank in the last six years when Sheikh Abdul Hye Bachhu was its chairman. But, he was not sued in the cases.

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