ACC to probe Tk 34000cr loan irregularities at 3 banks

The Anti-Corruption Commission has decided to investigate into the Tk 34,000 crore loan irregularities at three Islami banks.

The banks are Islami Bangladesh Bangladesh Limited (IBBL), Social Islami Bank Ltd (SIBL), and First Security Islami Bank Ltd (FSIBL).

ACC Secretary Md Mahbub Hossain disclosed this in replying to a query from the journalists at the anti-graft body's head office in capital Dhaka on Wednesday afternoon.

He said the commission has decided to look into the loan irregularities at three Shariah-based banks and the probe will start after the appointment of investigation officer.

Sources in ACC said a process is underway to form a three-member committee headed by the ACC deputy director in this regard.

Earlier on December 1, five lawyers sent letters to the ACC, and the Bangladesh Financial Intelligence Unit (BFIU) attaching news reports on loan scam at Islami Bank Bangladesh Ltd, seeking an investigation into the matter.

The country's several national dailies recently published reports on taking around Tk 9,500 crore loan from IBBL, SIBL, and FSIBL by some companies that exist merely in name.

SM/SU