BASIC Bank’s Ex-Chief Bachchu skips ACC interrogation again

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Staff Reporter :
Former BASIC Bank chairman Sheikh Abdul Hye Bachchu again on Tuesday skipped the Anti-Corruption Commission (ACC)’s interrogation over loan scams amounting to Tk 4,500 crore between 2010 and 2013.
He did not appear at the Commission’s
Segunbagicha office yesterday as per schedule and sent a letter asking for two months’ time saying he was “ill”.
Later, the ACC asked Bachchu to appear at its office on May 30. Otherwise, legal action will be taken against him, the ACC official said.
Earlier, Bachchu skipped ACC interrogation on the loan scam on May 7.
ACC officials are investigating 56 cases regarding the loan scams that took place when Bachchu was Chairman of BASIC Bank.
The Commission had earlier quizzed Bachchu on four occasions. He applied for a month’s time on December 17 last year. But the Commission rejected the application. He was first quizzed on December 4.
A Bangladesh Bank enquiry found that about Tk 4,500 crore was siphoned off the state-run BASIC Bank.
On July 14, 2014, the central bank sent a report on the scam to the ACC, detailing how people embezzled money from the bank through dubious accounts.
The BB found that Bachchu illegally influenced all the activities of the bank, leaving the once-sound institution in a bad state.
In 2015, the ACC filed 56 cases but Bachchu was not accused in any of them.
On August 18 last year, a three-member bench of the Supreme Court expressed discontent at the ACC for not naming Bachchu and the bank’s ex-board members.
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