BASIC Bank loan scam: ACC sitting idle on BB’s probe reports

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Mahabub Alam :
The Anti-Corruption Commission (ACC) is allegedly showing no interest to the probe reports sent by Bangladesh Bank (BB) twice on BASIC Bank loan scandal amounting to Tk 4,500 crore, sources said.
“The anti-graft watchdog is showing no interest in inquiry into the country’s sensational loan scam reportedly because of influence by a powerful quarter,” the sources claimed.
In 2012, the ACC took the allegation into consideration to be investigated and formed a four-member probe team in this regard. But the Commission so far has taken no action in this regard excepting changing of some inquiry officers.
Bangladesh Bank (BB) sent letters with its probe reports on the bank scam in 2012 and 2014 to take action against the plunderers.
Meanwhile, a Parliamentary Standing Committee on Ministry of Finance with its Chairman Shawkat Ali, MP, in the chair on October 28, expressed dissatisfaction over the ACC’s reluctance of taking any action against the plunderers. Even after that, the Commission did not take any decision on the issue.
As the latest move, the central bank has conducted a special inspection into the scam and sent its probe report to the Commission in July this year detailing how borrowers embezzled the money from the bank through fake companies and suspected accounts.
Earlier, the BB sent its first probe report to the Commission in 2012.
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