Basic Bank loan scams

Basic Bank Scam: Bacchu at large as arrest warrant ever elusive

Sheikh Abdul Hye Bacchu, the former BASIC Bank chairman accused in 58 cases of embezzling Tk 2,265 crore, remains at large due to delay in issuing the arrest warrant by the court.

A long-awaited nod to justice

ACC finally charge-sheets Basic Bank’s Bacchu, but it must explain the delay and other unresolved issues

BASIC Bank loan scams: ‘A drama is all we’re watching’

The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.

ACC must fast-track Basic Bank investigations

Why is the bank’s former chairman not being implicated in any cases?

Basic Bank Scams: HC summons investigators

The High Court yesterday summoned all the investigation officers of the 61 corruption cases filed over the BASIC Bank loan scams, seeking explanations for the delay in completing investigations and information about their latest status.

Basic Bank loan scams: HC summons IOs to explain delay in probe

The High Court summons the investigation officers of all 56 cases filed in connection with Basic Bank loan scam, seeking their explanation over the delay in completing the investigation.

January 4, 2024
January 4, 2024

Basic Bank Scam: Bacchu at large as arrest warrant ever elusive

Sheikh Abdul Hye Bacchu, the former BASIC Bank chairman accused in 58 cases of embezzling Tk 2,265 crore, remains at large due to delay in issuing the arrest warrant by the court.

June 13, 2023
June 13, 2023

A long-awaited nod to justice

ACC finally charge-sheets Basic Bank’s Bacchu, but it must explain the delay and other unresolved issues

November 29, 2022
November 29, 2022

BASIC Bank loan scams: ‘A drama is all we’re watching’

The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.

November 10, 2022
November 10, 2022

ACC must fast-track Basic Bank investigations

Why is the bank’s former chairman not being implicated in any cases?

May 24, 2018
May 24, 2018

Basic Bank Scams: HC summons investigators

The High Court yesterday summoned all the investigation officers of the 61 corruption cases filed over the BASIC Bank loan scams, seeking explanations for the delay in completing investigations and information about their latest status.

May 23, 2018
May 23, 2018

Basic Bank loan scams: HC summons IOs to explain delay in probe

The High Court summons the investigation officers of all 56 cases filed in connection with Basic Bank loan scam, seeking their explanation over the delay in completing the investigation.

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