Biz-Econ

Submit probe reports on BASIC Bank scam: HC

The High Court (HC) on Tuesday directed the Anti-Corruption Commission (ACC) to submit the prove report on BASIC bank loan scam in seven days.The HC bench of Justice Md Ruhul Quddus and Justice Mahmudul Haque passed the order after hearing on a writ petition.The court also directed Bangladesh Bank to submit probe reports on BASIC Bank loan scam in four days.According to a Bangladesh Bank enquiry, about Tk 4,500 crore was swindled out from BASIC Bank in the last six years.