• Tuesday, Sep 25, 2018
  • Last Update : 07:06 pm

Ex-BASIC Bank chairman Bachchu gets one week to appear before ACC

  • Published at 02:47 pm May 7th, 2018
  • Last updated at 11:35 pm July 1st, 2018
Ex-BASIC Bank chairman Bachchu gets one week to appear before ACC
The Anti-Corruption Commission (ACC) has granted a week’s time to former BASIC Bank Ltd chairman Sheikh Abdul Hye Bachchu to appear before it for interrogation. ACC Public Relations Officer Pranab Kumar Bhattacharya confirmed the matter on Monday. Bachchu was scheduled to appear before the commission on Monday (today) for interrogation. In the morning, he sought to month’s time from the ACC through his layer. Pranab Kumar said: “Bachchu was given a week in response to a plea. We have asked him to appear before the commission on May 15. 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. 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.