BASIC Bank scam: ACC files 23 more cases

The Anti-Corruption Commission (ACC) today filed 23 more cases in connection with the Tk 5,000-crore BASIC Bank scam between 2010 and 2013.

The ACC officials investigating the scam filed the cases with Motijheel, Paltan and Gulshan police stations.

Borrowers and some officials of the state-run bank were accused in these cases. However, the then BASIC Bank chairman Abdul Hye Bacchu, who is believed to be at the centre of the scam, was not accused in any of the cases.

The anti-graft watchdog on Monday filed 18 cases accusing 56 people of embezzling over Tk 650 crore from the state lender.

Early this month, the ACC gave approval to its investigating officers to file 56 cases in connection with the BASIC Bank scam.

One of the best-run banks until 2009, BASIC Bank has been mired in financial irregularities in recent years.