Sunday, 26 May, 2019

HC summons investigators of all BASIC Bank scam cases

Published on: 4:26 pm - Wednesday | May 23, 2018

The High Court on Wednesday summoned the investigators of all cases involved in Basic Bank loan scam.

The court asked them to appear before it on May 30 with all relevant documents.

An HC bench of Justice Enayetur Rahim and Justice Shahidul Karim gave the order while hearing bail petitions of some of the accused in the cases including former DMD of the bank Fazlose Sobhan.

Anti Corruption Commission (ACC) lawyer Khurshid Alam Khan conformed the media about the court order.

“As per the law, investigation is to be completed within 180 days. But, it was not finished in two-and-a-half years. The court wanted to know, why the probe has been delayed,” he said.

That’s why, the court asked the investigators of all 56 cases filed in connection with the loan scam to be present before it.

According to an inquiry of Bangladesh Bank, about Tk 4,500 crore was swindled out from BASIC Bank in 2015.
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