ACC grills NRB Commercial Bank chairman

The Anti-Corruption Commission (ACC) has interrogated the chairman of NRB Commercial Bank in connection to two graft allegations.

Farasath Ali is accused of multiple corrupt practices in the bank, according to ACC.

“He has allegedly forged signatures of the board members to grant massive loans,” said ACC Deputy Director (Public Relations) Pranab Kumar Bhattacharya.

ACC Deputy Director Jahangir Alam questioned him at the ACC headquarters for an hour on Tuesday afternoon, said the official.

“Farasath did not invest in the bank, rather has embezzled funds of shareholders for himself and his family,” he told bdnews24.com.

Last year in September, the High Court ordered Bangladesh Bank to probe graft allegations against the chairman, vice-chairman and managing director of the NRB Commercial Bank.

The officials are accused of irregularities related to loans.