Court sends BASIC Bank GM into ACC custody for 2-day remand

A Dhaka court has granted the Anti Corruption Commission two days to interrogate BASIC Bank General Manager Joynal Abedin in an embezzlement case.

Dhaka Metropolitan Magistrate Amirul Haider Chowdhury gave the order on Monday, ACC prosecution division official Shahidur Rahman told bdnews24.com.

The anti-graft agency had arrested Abedin at capital Dhaka’s Motijheel on Apr 5.

The ACC has accused him of being involved in embezzling over Tk 530 million through loan fraud.

The ACC filed 56 cases between Sep 21 and 23 last year after the completion of investigation into the alleged misappropriation of Tk 45 billion in loans from BASIC Bank through forgery.

In the cases started with Gulshan, Paltan and Motijheel police stations, the ACC claimed that Tk 20.09 billion had been siphoned off.  

Of the 120 accused in the cases, 27 are BASIC Bank officials.

Joynal Abedin has been accused in several of these cases.