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ACC grills Bachchu again

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09th-Jan-2018       
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Staff Reporter : The Anti-Corruption Commission (ACC) on Monday once again quizzed BASIC Bank's former chairman Sheikh Abdul Hye Bachchu over embezzlement of Tk 2,044 crore from the bank. Earlier, the ACC filed 57 cases over the embezzlement of the fund from the state-run bank. ACC's Public Relations Officer Pranab Kumar Bhattacharya said Bachchu was interrogated for over two and a half hours till 4:45pm. Bacchu, however,
ACC making any comments before the media.
The anti-graft body previously interrogated him on December 4 and 6.
According to Bangladesh Bank, around Tk 4,500 crore had been siphoned out of BASIC Bank between September 2009 and 2012 when Bachchu led the bank's board of directors.
On July 14, 2014, the BB gave the ACC a report detailing how the money was embezzled.
BB reports said Bachchu abused his powers to play an active role in sanctioning Tk 4,500 loans based on forged documents ignoring recommendations of the concerned bank's branches.
The ACC on November 24 summoned Bachchu and 10 ex-directors of the bank for interrogation over the loan scams involving about Tk 4,500 crore.
The scams took place between 2010 and 2013 when Bachchu led the bank's board.
Twelve ACC officials have been investigating the 57 cases. The graft watchdog is yet to implicate Bachchu, believed to be at the centre of the scam, in any of the cases.

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