Investigation into allegations of embezzlement of about Tk 45 billion (Tk 4500 crore) from the state-owned Basic Bank has virtually come to a halt.
The Anti-Corruption Commission changed investigation officers five times in the last five years, but in vain.
The ACC is simply investigating the corruption of certain sacked officers, staying away from the particular misappropriation case.
Bangladesh Bank’s inquiry report pointed to former chairman of Basic Bank, Sheikh Abdul Hye Bachchu, responsible for the embezzlement.
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