Another Basic Bank loan scam case lodged

Anti-Corruption Commission (ACC) has filed yet another case over dishonest loan sanctioning by Basic Bank, the latest in connection to a spate of scams that rattled the banking sector.

Three persons, including a Basic Bank officer, have been sued in the case – the 57th lawsuit in connection to the scams, said ACC Public Relation Officer Pranab Kumar Bhattachariya.

Md Selim, former general manager and manager of Basic’s Babubazar branch, and Md Saiful Islam and Md Ataur Rahman, officials of Iksol Food & Beverages, have been sued in the case filed with Bangshal Police Station.

The three said to have been involved in an unscrupulous loan sanctioning of over Tk 7.8 crore, mortgaging over-evaluated property, the case statement obtained said.

Source: thedailystar