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Ex-BASIC Bank chairman Bachchu falls ill during interrogation again

  • Published at 08:12 pm March 8th, 2018
  • Last updated at 12:33 pm March 9th, 2018
Ex-BASIC Bank chairman Bachchu falls ill during interrogation again
Former BASIC Bank Ltd chairman Sheikh Abdul Hye Bachchu fell ill again on Thursday, when the Anti-Corruption Commission (ACC) interrogated him for the fourth day in connection with the embezzlement of funds from the state-run bank. ACC Public Relations Officer Pranab Kumar Bhattacharya told the Dhaka Tribune that a team of ACC investigators led by Iqbal Mahmood started interrogating him at 10am at the anti-graft body’s Dhaka headquarters. “He fell ill during interrogation around 4pm,” Pranab said quoting the ACC doctor. The doctor said that Bachchu was afflicted with hypertension during the interrogation and was examined by medical staff at the time. Bachchu has a history of suffering from hypertension during interrogation as this also happened on December 6, 2017. According to the inquiry by Bangladesh Bank, Bachchu is accused of embezzling about Tk4,500 crore from BASIC Bank during the six years he served as chair. In September 2015, the ACC filed 54 cases with three police stations in Dhaka accusing 156 individuals including 26 bank officials of corruption. On July 5, 2014, Bachchu tendered his resignation to Finance Minister AMA Muhith on Bangladesh Bank’s advice after the investigation found irregularities in approving around Tk4,500 crore in loans from four branches of Basic Bank between December 2009 and November 2012. These loans were approved by Bachchu even though the applications included forged documents with fictitious names and organizations in violation of rules and regulations. The bank also gave loans to several companies and approved loans to clients soon after they had opened accounts. However, on December 4, 2017, when the ACC first interrogated him, Bachchu had claimed he was innocent. The ACC interrogated him again on January 08, 2018. On March 6, ACC summoned Bachchu once more to the ACC headquarters. Earlier, BASIC Bank directors Md Anwarul Islam, Anis Ahmad, Quamrun Naher Ahmed, Prof Kazi Akhtar Hossain, Shakhawat Hossain, Fakhrul Islam, AKM Kamrul Islam, Jahangir Akhand Salim, Shyam Sunder Sikder, and AKM Rezaur Rahman were also interrogated.