Basic Bank scam: Chairman Tajuddin gets bail

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UNB, Dhaka :
The High Court on Monday granted four-week interim bail to Ahmed Tajuddin, Chairman of M/s UK Bangla Limited, in a case filed over the Basic Bank loan scam.
A vacation bench of HC comprising Justice Gobinda Chandra Tagore and Justice Razik-Al-Jalil
passed the order after disposing of a petition filed by Tajuddin and asked him to surrender to the lower court within four weeks. The HC also asked the M/s UK Bangla Limited Chairman to deposit Tk 2 crore to the bank concerned in two equal monthly instalments. ACC lawyer, Khurshid Alam said if Tajuddin failed to pay the instalment, his bail would be revoked. A total of 56 cases have been filed in connection with the Basic Bank Loan Scam with Gulshan, Motijheel and Paltan Police Stations.
The Anti-Corruption Commission (ACC) filed a case against Tajuddin on charges of embezzlement and defaulting of Tk 45.60 crore loan.
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