Dhaka: The High Court on Monday granted four-week interim bail to Ahmed Tajuddin, a chairman of M/s UK Bangla Limited, in a case filed over the Basic Bank loan scam.

A vacation bench of HC comprising Justice Gobinda Chandra Tagore and Justice Razik-Al-Jalil passed the order after disposing of a petition filed by Tajuddin and asked him to surrender before the lower court within four weeks.

The HC also asked the M/s UK Bangla Limited Chairman to submit Tk 2 crore to the bank concerned in two equal monthly instalments.

ACC lawyer, Khurshid Alam said if Tajuddin failed to pay the instalment, his bail would be revoked.

A total of 56 cases have been filed in connection with the Basic Bank Loan Scam with Gulshan, Motijheel and Paltan Police Stations.

The Anti Corruption Commission (ACC) filed a case against Tajuddin on charges of embezzlement and defaulting on Tk 45.60 crore loan.