HC summons all BASIC bank loan scam investigators

M Moneruzzaman | Published: 00:05, May 24,2018 | Updated: 00:35, May 24,2018

 
 

The High Court Division on Wednesday summoned all the eight officers of the Anti-Corruption Commission probing 56 cases relating to much talked about BASIC Bank defalcations for the failure to complete the investigations over the last three years.
The investigators were summoned to be present at a hearing at 10.30 AM on May 30, with memos of evidence and the other case documents.
In the summons, a bench of Justice M Enayetur Rahim and Justice Shahidul Karim asked the investigating officers to explain in person why they failed to complete the investigations within the stipulated period of 180 days as the law requires, despite annoyance expressed by the HC over the inordinate delay time and again.
The investigators were also asked to inform the court about progress, if any, in the investigations.
ACC directors Khandaker Enamul Basir and Faridur Rahman, deputy directors Sheikh Mesbah, Mirza Zahidul Alam, Hritik Saha, Shamsul Alam and Morshed Alam and assistant director Gulshan Anwar Pradhan were summoned to explain their performance as investigators.
The bench also directed ACC lawyers Khurshid Alam Khan, AKM Fazlul Haque, Syed Mamun Mahbub and Ahmed Sohel to inform their client about the summons.
ACC lawyers’ failure to provide satisfactory explanations over the inordinate delays in completing the investigations prompted the bench to summon the investigators.
All this happened while the bench was hearing bail petitions of detained former BASIC Bank deputy managing director Fazlus Sobhan and former deputy general manager of BASIC Bank’s Gulshan branch Sipar Ahmed.
Fazlus Sobhan is an accused in 48 cases relating to the defalcations from BASIC Bank’s head office while Sipar Ahmed is an accused in 23 cases of relating to the defalcations from the Gulshan branch of BASIC Bank.
In 2015, the ACC sued 153 relatively junior officers over a series of defalcations that made the once profit earning state run BASIC Bank virtually bankrupt.
The series of defalcations occurred from 2009 to 2012, by way of extending fictitious loans worth over
Tk 6,000 crore to non-existent borrowers.
At the hearing ACC lawyer Khusrhid Alam Khan prayed to the bench to direct the ACC to arrest former BASIC Bank chairman Abdul Hye Bacchu, the principal perpetrator of the series of defalcations.
He said that he felt embarrassed over the ACC’s refusal to arrest Bacchu despite repeated queries from the Appellate Division and the High Court Division why he was not arrested. 

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