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ACC to probe swindling of Tk 963cr from Krishi Bank

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(Globalpost/GlobalPost)

The Anti Corruption Commission (ACC) has decided to probe the alleged swindling of Tk 963 crore from the state-owned Krishi Bank by some businessmen.

The Commission at its meeting recently gave approval to probe the allegation of swindling of Tk 963 crore from the Krishi Bank, ACC Public Relations officer Pranab Kumar Bhattacharya told UNB.

Referring to a Bangladesh Bank’s inspection report, ACC sources said some businessmen plundered Tk 963 crore from the Krishi Bank as loans, extending the date of deposition of forced loans, taking loans without guarantees and showing fake agreements.

The report said the businessmen took loans from seven branches of the bank and some bank officials were involved in the loan scam.

United News of Bangladesh

http://www.globalpost.com/dispatch/news/asianet/130412/acc-probe-swindling-tk-963cr-krishi-bank