A Dhaka court has found some flaws in the investigations into the 58 graft cases against former BASIC Bank Chairman Sheikh Abdul Hye Bacchu and 146 others over embezzlement of Tk 2,265 crore, ACC Public Prosecutor Mahmud Hossain Jahangir said
The Anti-Corruption Commission (ACC) has finally approved the charge sheet against former BASIC Bank Chairman Sheikh Abdul Hye Bacchu and 146 others in connection with 59 cases filed over embezzlement of Tk 2,265 crore.
Eleven banks faced a capital shortfall of Tk 24,783 crore in the first quarter of 2021, which highlighted the fragile health of the lenders. The banks are Bangladesh Krishi Bank, Sonali, Agrani, ICB Islamic, Rajshahi Krishi Unnayan, BASIC, Bangladesh Commerce, Rupali, Janata, Padma, and AB Bank. Corruptions perpetrated at the banks are mainly responsible for the large capital