Court orders further probe in 14 cases over BASIC Bank loan scam
Judge Md Abul Kashem of Dhaka 1st Special Judge Court passed the suo moto order
A Dhaka court today (3 February) ordered further investigation into 14 cases filed against Sheikh Abdul Hye Bacchu, former chairman of BASIC Bank Limited, and others over embezzlement and laundering abroad Tk2,265 crore of the bank's money through loan scam.
Judge Md Abul Kashem of Dhaka 1st Special Judge Court came up with the suo moto order this afternoon.
Of the 14 cases, one is in testimony stage, while the rest are seeing hearing on charge framing. Prime accused Bacchu and his family members, however, are still at large.
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"The court has ordered the Anti-Corruption Commission (ACC) to probe these 14 cases further and to file report in this regard," court clerk Rajib Dey told BSS.
The ACC earlier filed 59 cases for embezzling Tk2,265 crore through loan fraud and laundering the money abroad. It however, refrained from accusing the bank's then chairman Bacchu in these cases, whereas he is allegedly the mastermind behind the whole financial crimes.
The ACC in 2023 filed charge sheet in these cases, accusing Bacchu in 58 out of the 59 cases filed over the loan scam. Apart from him, 46 officials of the bank and 101 customers were also made accused in these cases.
