BASIC Bank loan scam
Basic Bank loan scam: HC rebukes ACC for delay in submitting charge sheet
The High Court today rebuked the Anti-Corruption Commission for its failure in submitting the charge sheet to the trial court in 20 corruption cases filed against Iqbal Hossain Bhuiyan, managing partner of SD Survey Firm, for his involvement with the Basic Bank loan scam.
BASIC Bank: Two held over embezzlement of Tk 75.66cr
The Anti-Corruption Commission (ACC) yesterday arrested two people in a case filed over misappropriation of about Tk 75.66 crore from the state-run BASIC Bank.
Loan scam cases: HC asks 2 businesspersons to surrender before trial court
The High Court directs two businesspersons to surrender before trial court in two separate cases filed over loan scams in Basic Bank and Sonali Bank.
BASIC Bank scam: ACC to file plea challenging ex-DMD's bail
The Anti-Corruption Commission (ACC) will file six appeals with the Supreme Court challenging the High Court verdict that granted bail to Fazlus Sobhan, former deputy managing director of BASIC Bank, in six loan-scam cases.
Loan scam: SC orders businessman to return Tk 25cr to Basic Bank
The Supreme Court directs a businessman to return Tk 25 crore to Basic Bank within two months or face cancellation of his bail in a case filed against him over loan scam.
Bring Basic Bank ex-chair Bacchu to book, HC asks ACC again
The High Court has reiterated its earlier directive on the Anti-Corruption Commission to bring Basic Bank’s former chairman Sheikh Abdul Hye Bacchu and its three top officials to book in connection with loan scam.
BASIC 'plunderers' go happy
In the four years between 2009 and 2013, Tk 4,500 crore was swindled out of BASIC, once a healthy public bank. But what followed was more shocking than the country's biggest loan scam itself.
Ex-BASIC Bank brass Fazlus Sobhan gets bail
The High Court grants permanent bail to Fazlus Sobhan, former deputy managing director of Basic Bank, in six cases involving loan scam of Tk 4,500 crore.
Bacchu quizzed over BASIC Bank scam
BASIC Bank's former chairman Sheikh Abdul Hye Bacchu is being interrogated by Anti-Corruption Commission (ACC) over loan scams worth Tk 4,500 crore.
No negative reporting!
In an unprecedented move, directors of private commercial banks are now seeking protection from the government against what they say is negative reporting on the banking sector.
Basic Bank ex-MD, Bay Navigations MD sued over graft
The Anti-Corruption Commission files a case against former managing director of Basic Bank Fakhrul Islam and Managing Director of Bay Navigations Limited Faisal Murad Ibrahim for misappropriating around Tk 137 crore.
BASIC Bank: JP MP, husband sued over Tk 275cr scam
Jatiya Party lawmaker Mahjabeen Morshed and her husband have been sued for Tk 275-crore loan scam at the state-run BASIC Bank.
Bacchu falls sick during quizzing by ACC
Former Basic Bank chairman Sheikh Abdul Hye Bacchu has fallen sick, during his second day of quizzing over a loan scam that rattled Bangladesh’s banking sector.
BASIC Bank Loan Scam: Transfer of Tk 20cr raises questions
Around Tk 20 crore was transferred to bank accounts of two firms, owned by Sheikh Abdul Hye Bacchu's younger brother, from several companies that got loans from BASIC Bank through scams when Bacchu was its chairman.
Basic Bank Loan Scam: Investigate Bacchu, board members
The High Court yesterday directed the Anti-Corruption Commission to probe the alleged involvement of former BASIC Bank chairman Sheikh Abdul Hye Bacchu and its board members in a Tk 40 crore loan scam.
Ex-Basic Bank chief, directors to be probed for loan scam
The High Court directs to bring a former chairman and the board of directors of Basic Bank to the book of law in connection to a Tk 40 crore loan scam.
Two business persons held
The Anti-Corruption Commission yesterday arrested two businessmen in a case filed over a Tk 76 crore loan scam at BASIC Bank.
Loan scam: BASIC Bank GM held
The Anti-Corruption Commission arrests a top official of state-owned BASIC Bank in connection with a loan scam.
Submit BASIC Bank scam probe reports
The High Court yesterday directed the Anti-Corruption Commission and Bangladesh Bank to submit their probe reports on BASIC Bank loan scam.