The Anti-Corruption Commission (ACC) has launched an inquiry into a complaint filed against Ananda Shipyard that it reportedly embezzled sum of Tk 1,600 crore from 14 banks and several financial institutions producing fake documents, sources said.
The banks and the institutions disbursed loans to the company, violating rules and regulations, as the borrower had no previous experience of such trading.
The anti-graft body, receiving complaints from Bangladesh Bank’s (BB) Financial Integrity and Customer Services Department, assigned its Senior Deputy Director Mir Mohammad Joynal Abedin Shibli to look into the matter.
The primary investigation carried out by BB found the authorities of the banks and the financial institutions were responsible for the loan scam.
As part of the ACC’s inquiry, it sent notices to the 14 banks and organisations asking for loan related documents from them. Ananda Shipyard was disbursed Tk 456.34 crore by Islami Bank’s Karwan Bazaar Brach, Tk 186.90 crore by AB Bank’s Karwan Bazaar Branch, Tk 114.21 crore by One Bank’s Motijheel Branch, Tk 238.8 crore by Janata Bank’s Local Office, Tk 221.20 crore by Mercantile Bank’s Engineers’ Institution Branch, Tk 23.94 crore by Bangladesh Development Bank’s main branch and Tk 15.40 crore by NCC Bank. The shipyard took Tk 23.18 crore from Finx Finance and Investment Ltd, Tk 1.94 crore from Bangladesh Industrial Finance Company Ltd, Tk 3.72 crore from IDLC Finance and Leasing Company, Tk three crore from Premier Leasing and Finance Ltd and Tk 2.93 crore from National Housing Finance.
Besides, it was sanctioned loan by the Far East Finance and Investment Ltd and Hajj Company Ltd.
