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BASIC Bank

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    Search committee next week for new BASIC Bank MD

    Staff Correspondent | Updated at 12:08am on September 06, 2018

    A search committee is expected to start works next week to find out a managing director of the scam-hit BASIC Bank....

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    BASIC Bank MD’s resignation kept pending

    Staff Correspondent | Updated at 12:32am on September 04, 2018

    The resignation tendered by Awal Khan from the managing director post of the scam-hit BASIC Bank was yet to be accepted by the bank’s board...

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    BASIC’s MD quits

    Staff Correspondent | Updated at 12:05am on August 27, 2018

    Muhammad Awal Khan has resigned as the managing director of scam-hit BASIC Bank on personal ground. Alauddin A Majid, chairman of the state-owned BASIC Bank...

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    ACC sues BASIC Bank’s ex-DGM, his 3 siblings for money laundering

    Staff Correspondent | Updated at 10:54pm on August 13, 2018

    The Anti-Corruption Commission on Monday filed a case against BASIC Bank’s former deputy general manager Shiper Ahmed and his three siblings on charge of laundering...

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    Deals with govt only in paper

    Shakhawat Hossain | Updated at 12:05am on July 08, 2018

    The much-hyped annual agreements aimed at improving performance of scam-hit state-owned commercial banks have remained mere paper works, with poor recovery of rising defaulted loan....

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    Bail-out fund for scam-hit state-owned banks to be disbursed next week

    Shakhawat Hossain    | Updated at 11:51pm on June 05, 2018

    The government would disburse the bail-out find of Tk 2,000 crore for state-owned banks, including scam-hit ones, after the announcement of the national budget on Thursday....

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    ACC probe not yet completed in six years

    Ahammad Foyez | Updated at 12:05am on June 02, 2018

    The Anti-Corruption Commission failed to complete in six years its probes into the embezzlement of Tk 1,500 crore by the Hallmark Group from 120 branches...

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    ACC’s saving grace lies in judicious BASIC scam probe

    | Updated at 12:05am on June 01, 2018

    THE High Court’s observation in a hearing that the Anti-Corruption Commission chairman has obstructed the investigation of the much-talked-about 56 BASIC Bank scam cases by...

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    ACC chair obstructs BASIC scam probe: HC

    Staff Correspondent | Updated at 01:30am on May 31, 2018

    The Anti-Corruption Commission on Wednesday interrogated former BASIC Bank chairman Sheikh Abdul Hye Bacchu for the fifth time while the High Court said that commission...

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    HC summons all BASIC bank loan scam investigators

    M Moneruzzaman | Updated at 12:05am on 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...

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