Authorities must improve monitoring to keep the sector in check
Sheikh Abdul Hye Bacchu, the former BASIC Bank chairman accused in 58 cases of embezzling Tk 2,265 crore, remains at large due to delay in issuing the arrest warrant by the court.
Latest figures show how persistent the problem has been
Recent figures show alarming rise in defaulted loans
Leniency towards habitual defaulters led to this situation
Appellate Division’s observation on defaulted loans is right on the mark
ACC finally charge-sheets Basic Bank’s Bacchu, but it must explain the delay and other unresolved issues
Authorities must improve monitoring to keep the sector in check
Sheikh Abdul Hye Bacchu, the former BASIC Bank chairman accused in 58 cases of embezzling Tk 2,265 crore, remains at large due to delay in issuing the arrest warrant by the court.
Latest figures show how persistent the problem has been
Recent figures show alarming rise in defaulted loans
Leniency towards habitual defaulters led to this situation
Appellate Division’s observation on defaulted loans is right on the mark
ACC finally charge-sheets Basic Bank’s Bacchu, but it must explain the delay and other unresolved issues