A Dhaka court yesterday summoned two investigation officers of 13 corruption cases filed over BASIC Bank loan scams, seeking explanations as to whether the bank's board of directors were involved.
By investing only Tk 400 crore to establish a bank, the bank owners are able to control the deposits of thousands of crores of taka, decide where to invest it, and who to lend it to.
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
The High Court yesterday summoned all the investigation officers of the 61 corruption cases filed over the BASIC Bank loan scams, seeking explanations for the delay in completing investigations and information about their latest status.
