BASIC bank officials on remand for loan scam

Court Correspondent

A Dhaka court on Thursday put four people including BASIC bank official in connection with the bank’s loan scam.Magistrate Khorshed Alam of the Chief Metropolitan Magistrate (CMM) Court of Dhaka passed the order when Anti Corruption Commission (ACC) Deputy Directors and also investigation officers were produced to the court seeking remand for different durations.

The accused are- Syed Hasibul Gani of M/s Emerent Dress Limited, proprietor of Asian Shipping BD Md Akbar Hossain, Managing Director of Farshi International Limited Foyzun Nabi Chowdhury and Assistant General Manager of BASIC Bank Iqramul Bari.

On March 27, the ACC arrested them from different parts of the city in connection with the loan scam.

After the arrest, investigation officers of ACC produced them to the court on March 28, seeking remand to quiz them. Later, the court fixed March 31 (Thursday) for the hearing.