The Anti-Corruption Commission (ACC) on Wednesday reconstituted its probe team to investigate alleged embezzlement of about Tk 3,500 crore from the state-run BASIC Bank Limited, said an ACC official.
He said with this the commission reconstituted the team for the third time and appointed its deputy director Abul Hossain for conducting the inquiry.The commission in October 2012 set up a committee led by its deputy director Mir Joynal Abedin Shibli but it failed to collect any information on the alleged scam as Shibli was busy with Hallmark scam inquiry.
Later, the commission on March 10, 2013 reconstituted the team led by another deputy director, Syed Iqbal Hossain.
During the one year inquiry, Iqbal just sent a letter to Bangladesh Bank on July 8 last year seeking relevant documents relating to the swindling by several companies from the state-owned BASIC Bank.
The central bank on its part also sent its investigation and inspection reports to the commission on July 29 in the same year, which officials think were important documents relating to the fund swindling at Basic Bank.
Sources alleged that an influential quarter was active to stop the investigation as some high-profile political people were involved in the scam.
ACC commissioner M Shahabuddin told reporters that he was not aware of delay in carrying the investigation.
The commission officials said that some little-known business firms had swindled about Tk 3,500 crore from several branches of the bank.
They said that the money was embezzled by drawing a number of credits of small amounts in connivance with some senior bank officials.
