Basic bank scam

ACC asks BB for Bacchu’s banking records

The Anti-Corporation Commission (ACC) yesterday sent a letter to the Bangladesh Bank (BB) requesting to provide documents of all banking transactions of former BASIC Bank chairman Sheikh Abdul Hye Bacchu, reports UNB. The ACC in its letter also asked for documents relating to banking transactions of Bacchu's family members, said Pranab Kumar Bhattacharya, public relations officer of ACC.

In September 2015, the ACC filed 54 cases against 56 people relating irregularities in the dealings of BASIC Bank, including bank officials. Almost inexplicably though, they did not include in many people's eyes the key graft suspect - ex-chairman Sheikh Abdul Hye Bacchu.

According to an inquiry of Bangladesh Bank, about Tk 4,500 crore was swindled out from Basic Bank in six years while Sheikh Abdul Hye Bachhu served as its chairman.

 

Basic bank scam

ACC asks BB for Bacchus banking records

The Anti-Corporation Commission (ACC) yesterday sent a letter to the Bangladesh Bank (BB) requesting to provide documents of all banking transactions of former BASIC Bank chairman Sheikh Abdul Hye Bacchu, reports UNB. The ACC in its letter also asked for documents relating to banking transactions of Bacchus family members, said Pranab Kumar Bhattacharya, public relations officer of ACC. In September 2015, the ACC filed 54 cases against 56 people relating irregularities in the dealings of BASIC Bank, including bank officials. Almost inexplicably though, they did not include in many peoples eyes the key graft suspect - ex-chairman Sheikh Abdul Hye Bacchu. According to an inquiry of Bangladesh Bank, about Tk 4,500 crore was swindled out from Basic Bank in six years while Sheikh Abdul Hye Bachhu served as its chairman.