ACC to grill ex-BASIC Bank chairman Bacchu Tuesday

Published: May 14, 2018 18:28:15 | Updated: May 15, 2018 14:35:01


The Anti-Corruption Commission (ACC) will again interrogate former BASIC Bank chairman Sheikh Abdul Hye Bacchu on Tuesday as he skipped the last quizzing on May 9 in connection with a case over embezzlement of the huge amount of money from the bank.

Earlier, deputy director of the commission Shamsul Alam served a notice on him to be present to face the interrogation in connection with the embezzlement of a huge amount of money from the bank. 

ACC fixed the new date for interrogating BASIC Bank’s former chairman Sheikh Abdul Hye Bacchu as he skipped the interrogation on pretext of ailment, ACC’s public relations officer Pranab Kumar Bhattacharya said, reports UNB.

He added that Bacchu submitted an application seeking two-month time on the ground of illness but ACC only allowed a week.

The central bank sent a report on the scam to the ACC on 14 July 2014 about the detail of embezzlement and found Bacchu’s illegal influence in all the activities of the bank.

According to an inquiry of Bangladesh Bank, about Tk 45 billion was swindled out from Basic Bank during six years while Sheikh Abdul Hye Bachhu was serving the Bank as its chairman.

He resigned from the Bank on 4 July 2014, as the finance ministry sent a letter to Bangladesh Bank to dissolve the then board of the Bank on 29 May 2014.

The ACC filed 56 cases with three police stations in the capital accusing more than 100 individuals, including 26 bank officials, in September of 2015 while the commission filed another five cases last year. But, Bacchu was not made accused in any of the cases.

Alongside, Sheikh Abdul Hye Bacchu skipped the interrogation of the ACC several times in various excuses.  

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