Biz-Econ

3 DMD, 1 GM of Basic Bank removed

Three deputy managing directors and a General Manager of Basic Bank Limited were removed.Board of Directors of the bank sacked them over loan scandal and various irregularities.The removed officials are DMD Fazlus Sobhan, Md Ruhul Alam, Md Salim and GM Md Mahbubul Alam.Governing body of Basic Bank Limited confirmed of issuing such letters.Fazlus Sobhan has already acknowledged that he got the dismissal letter.