The High Court has summoned all the investigating officers (IOs) of 56 graft cases filed over BASIC Bank’s Tk 35 billion loan scam as they failed to complete the investigation in two and a half years. It asked IOs to appear in court on June 30 with investigation documents.

Justice M Enayetur Rahim and Justice Shahidul Karim summoned the investigators on Wednesday when it was hearing the bail appeals from some of the accused, reports bdnews24.

Anti-Corruption Commission (ACC) lawyer Khurshid Alam Khan told newsmen that the court was hearing the bail appeals of BASIC Bank ex-DMD Fazlus Sobhan, former DGM Shipar Ahmed and others.

“During the hearing, the court came to know that the investigation did not end in two and a half years. But the ACC law says any investigation must be completed in 180 days.”

The court ordered the investigation officers of all the cases, including ACC director Syed Iqbal Hossain, to appear in court.

The ACC filed 56 cases with three police stations in the capital accusing more than 100 individuals, including 26 bank officials, in September of 2015 while the commission filed another five cases last year, according to a UNB report.

On July 14, 2014, the central bank sent a report to the ACC about the detail of embezzlement and found the bank’s former chairman Sheikh Abdul Hye Bacchu’s illegal influence in all the activities of the bank.

Bacchu resigned from the Bank on July 4, 2014, as the finance ministry sent a letter to Bangladesh Bank asking to dissolve the then existing committee of the bank on May 29, 2014. (FE)

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