Basic Bank

Former Ctg chamber president, his wife ordered to clear Tk 184 crore default loans

The duo has so far defaulted on loans of Tk 904 crore given by different banks

Anti-corruption day: Cases filed, but no progress in probes

Several big loan scams in the banking and financial sectors came to the fore in the last decade and the Anti-Corruption Commission (ACC) has done its job by filing cases. But, no progress is apparent.

BASIC Bank loan scams: ‘A drama is all we’re watching’

The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.

HC stays BASIC Bank circular on reducing employees’ salary structure

The High Court stays for four weeks the effectiveness of a circular issued by the BASIC Bank authorities on reducing the salary structure of its employees.

BASIC Bank staff confine board members for 4 hrs

A section of employees of BASIC Bank confines board members of the bank for nearly four hours demanding reinstatement of the previous salary structure.

Basic Bank employees stage demo

Basic Bank employees stage demonstration at its head office in Dhaka’s Motijheel area protesting decrease of their salaries.

Plea seeks enquiry over BASIC Bank recruitment of 1,173 employees

An application is filed with the High Court seeking its order on the government to conduct an enquiry into an alleged corruption in appointments of 1,173 employees in BASIC Bank during the chairmanship of Sheikh Abdul Hye Bachchu.

HC asks Mozaffar to surrender to court for embezzling Tk 141cr from BASIC Bank

The High Court cancels the bail of businessman Syed Mozaffar Hossain in a corruption case filed for misappropriating Tk 141 core from BASIC Bank and ordered him to surrender to the trial court immediately.

Tk 4,500cr ‘vanishes’

Nobody “knows” where it is. The 4,500 crore taka laundered from BASIC bank between 2009 and 2013 has apparently just disappeared.

September 27, 2023
September 27, 2023

Former Ctg chamber president, his wife ordered to clear Tk 184 crore default loans

The duo has so far defaulted on loans of Tk 904 crore given by different banks

December 9, 2022
December 9, 2022

Anti-corruption day: Cases filed, but no progress in probes

Several big loan scams in the banking and financial sectors came to the fore in the last decade and the Anti-Corruption Commission (ACC) has done its job by filing cases. But, no progress is apparent.

November 29, 2022
November 29, 2022

BASIC Bank loan scams: ‘A drama is all we’re watching’

The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.

January 12, 2020
January 12, 2020

HC stays BASIC Bank circular on reducing employees’ salary structure

The High Court stays for four weeks the effectiveness of a circular issued by the BASIC Bank authorities on reducing the salary structure of its employees.

December 29, 2019
December 29, 2019

BASIC Bank staff confine board members for 4 hrs

A section of employees of BASIC Bank confines board members of the bank for nearly four hours demanding reinstatement of the previous salary structure.

December 23, 2019
December 23, 2019

Basic Bank employees stage demo

Basic Bank employees stage demonstration at its head office in Dhaka’s Motijheel area protesting decrease of their salaries.

December 22, 2019
December 22, 2019

Plea seeks enquiry over BASIC Bank recruitment of 1,173 employees

An application is filed with the High Court seeking its order on the government to conduct an enquiry into an alleged corruption in appointments of 1,173 employees in BASIC Bank during the chairmanship of Sheikh Abdul Hye Bachchu.

October 17, 2019
October 17, 2019

HC asks Mozaffar to surrender to court for embezzling Tk 141cr from BASIC Bank

The High Court cancels the bail of businessman Syed Mozaffar Hossain in a corruption case filed for misappropriating Tk 141 core from BASIC Bank and ordered him to surrender to the trial court immediately.

October 16, 2019
October 16, 2019

Tk 4,500cr ‘vanishes’

Nobody “knows” where it is. The 4,500 crore taka laundered from BASIC bank between 2009 and 2013 has apparently just disappeared.

April 11, 2019
April 11, 2019

BASIC Bank: Two held over embezzlement of Tk 75.66cr

The Anti-Corruption Commission (ACC) yesterday arrested two people in a case filed over misappropriation of about Tk 75.66 crore from the state-run BASIC Bank.

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