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Basic Bank loan scam: High Court seeks charge sheets of 21 cases

  • Published at 12:08 am March 5th, 2021
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Investigations in the cases have been ongoing for six years

The High Court on Thursday directed to submit charge sheets of 21 cases filed by the Anti-Corruption Commission (ACC) within two and a half months over the Basic Bank loan scam.

Managing Partner of SD Survey Firm Iqbal Hossain Bhuiyan is the key accused in the cases.

The bench of Justice Md Nazrul Islam Talukder and Justice Mohi Uddin Shamim passed the order after hearing a rule over Iqbal’s bail.

Advocate Khurshid Alam Khan stood for the ACC, Deputy Attorney General AKM Amin Uddin Manik represented the State and Advocate Mamtaj Parvin moved for Iqbal.

Amin Uddin said 56 cases were filed over the Basic Bank loan scam. Among them, Iqbal is accused in 21 cases.

Earlier, Iqbal secured bail in one of the cases, he said.

The trial court can consider Iqbal’s bail appeal in other cases if the ACC fails to submit charge sheet in other cases, he added.

After primary investigation, ACC filed 56 cases in 2015, for embezzlement of Tk2,590.9 crore from Basic Bank.

Investigations in the cases have been underway for the last six years.