A team led by ACC Director Zayed Hossain Khan questioned them at the ACC headquarters, said ACC spokesman Pranab Kumar Bhattacharya. The graft watchdog has grilled 10 former directors of the bank so far over the massive credit fraud. Former BASIC Bank Chairman Sheikh Abdul Hye Bachchu would be questioned in this connection at 10am Monday, Pranab said. BASIC Bank is accused of disbursing loans without collateral and using false documents and fictitious names and organisations in violation of the rules and regulations. In February 2016, Finance Minister AMA Muhith claimed the investigation into BASIC Bank had found evidence of Bachchu’s roles in frauds tied to loans, appointment and promotion.

Source: bd News24 December 03, 2017 12:22 UTC