10 BASIC Bank officials fired
Scam-hit Basic Bank today fired 10 officials, including three senior executives, for irregularities in their appointment and using fake certificates.
The board of the state-run lender made the decision a few days ago. However, the bank issued an order to this effect today, said Ruhul Alam, a deputy managing director of the bank.
Of the 10, three were senior officials and employed on a contractual basis. Their contracts were cancelled because of anomalies in their appointment.
The rest seven were employed at different branches as assistant cash officer. They were fired for getting the job on fake certificates.
The central bank inspection in 2012 detected scams involving over Tk 4,000 crore in some of the bank’s branches.
In another separate event, the Office of the Comptroller and Auditor General found 17 instances of financial irregularities at the bank’s headquarters in 2012.
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