Taposh slammed the anti-graft body for failing to file any case against Sheikh Abdul Hye Bachchu, the then chairman of the bank. According to an inquiry of the central bank, about Tk 45 billion was swindled out of BASIC Bank during the tenure of Bachhu. Of the Tk 45 billion in loans, a large amount of the fund was withdrawn in cash. So, in this case I don’t understand why the question of resignation is being raised,” he said in response to Taposh's demand for the resignation of ACC Chairman Iqbal Mahmood. The ACC quizzed Bacchu on several occasions in connection with the loan scams but did not charge him in any case.

Source: bd News24 October 15, 2019 11:26 UTC