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

 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.

“Crores of taka has been embezzled. But no work is being done though the Anti-Corruption Commission and so many judges and lawyers are there. Why are they [ACC] silent? This is just like a drama. We are watching the drama. This is not acceptable,” the HC bench of Justice Md Nazrul Islam Talukder and Justice Khizir Hayat Lizu observed.

The bench was hearing three bail petitions filed by Mohammad Ali, former general manager of BASIC Bank’s Shantinagar branch, in as many corruption cases filed by the graft watchdog.

The HC fixed today for further hearing and delivering verdict on the bail…

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