Basic Bank ex-MD, Bay Navigations MD sued over graft

The Anti-Corruption Commission today filed 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.

Mohammad Sirajul Huq, assistant director of the ACC, filed the case with the Motijheel Police Station this morning, Pranab Kumar Bhattacharya, public relations officer of ACC, told The Daily Star.

This is the 58th case against Basic Bank.