Farmers Bank scam

Climate funds perpetually stuck in a scam-ridden bank

How long till Farmers Bank pays back what’s due?

The ‘mega serial’ of bank scams

By investing only Tk 400 crore to establish a bank, the bank owners are able to control the deposits of thousands of crores of taka, decide where to invest it, and who to lend it to.

Farmers Bank scam: Ex-CJ SK Sinha, 10 others indicted

A Dhaka court has framed charges against former chief justice Surendra Kumar Sinha and 10 others in a case filed for misappropriating and laundering about Tk 4 crore from Farmers Bank in 2016.

Farmers Bank scam: HC extends stay on court order granting bail to Rashedul Chisty

The High Court has extended its earlier directive staying a lower court order that granted bail to Rashedul Haque Chisty, son of former chairman of Farmers Bank audit committee Mahbubul Haque Chisty, in a Tk 159 crore money laundering case.

Farmers Bank scam: Rashedul Haque Chisty gets bail from all cases

Rashedul Haque Chisty, son of the former chairman of Farmers Bank audit committee Mahbubul Haque Chisty, today got bail through hearings in two virtual courts in Dhaka, in connection with two money laundering cases.

Farmers Bank scam: Chisty’s son Rashedul gets bail in 2 cases

Rashedul Haque, son of former chairman of Farmers Bank audit committee Mahabubul Haque Chisty, gets bail in one of two cases filed over the misappropriation of Tk 135 crore after a virtual hearing.

Farmers Bank scam: Chisty shown arrested in 5 cases

Mahabubul Haque Chisty, former chairman of the Farmers Bank audit committee, has been shown arrested in connection with five cases filed over amassing more than Tk 135.45crore illegally.

Farmers Bank Scam: HC rejects bail of ex-audit chief

The High Court rejects a bail petition filed by Mahabubul Haque Chisty, former chairman of Farmers Bank Audit Committee, in a Tk 160-crore laundering case, blocking the way of his walk out of jail.

Farmers Bank loan scam: ACC quizzes Chisty, 3 others

The Anti-Corruption Commission grills four accused including Farmers Bank's former Audit Committee chairman Mahabubul Haque Chisty in a case filed over embezzlement of Tk 160 crore and irregularities in loan disbursement.

March 8, 2018
March 8, 2018

State banks, ICB to buy 60% shares of Farmers Bank: Muhith

Finance Minister AMA Muhith says that state owned banks and Investment Corporation of Bangladesh (ICB) will buy 60 percent shares of trouble-hit The Farmers Bank Limited.

February 13, 2018
February 13, 2018

Farmers Bank Loans: MK Alamgir denies taking commission

Ruling Awami League lawmaker Muhiuddin Khan Alamgir yesterday claimed that the media reports against him over the Farmers Bank loan scam were based on imagination.

December 14, 2017
December 14, 2017

Farmers Bank: Scam fallout getting worse

The cash-strapped Farmers Bank failed to repay interbank short-term loans of about Tk 700 crore to four banks over the past two months, a development that may further erode depositors' confidence in the scam-hit bank.

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