The Anti-Corruption Commission (ACC) on Monday submitted a charge sheet against former BASIC Bank Chairman Sheikh Abdul Hye Bacchu and five others, including his wife and children, in connection with a case filed under the Money Laundering Prevention Act.
The charge sheet was submitted in the court after investigation of the case filed for corruption and irregularities in the purchase of 30.25 kathas land in two deeds from Amin Ahmed, managing Director of Capital Banani One Limited in Cantonment Bazar area in the city. ACC lawyer Khurshid Alam Khan confirmed the matter.
ACC filed the case on October 2 in 2023 with its Integrated District Office in Dhaka-1 against six people including Bacchu.
According to the case documents, the land was shown worth Tk152.5 million in the deeds, whereas the real price was Tk 1.10 billion. Later the land was handed over to his wife and two sons.
In 2015, the ACC filed 56 cases in connection with the Basic Bank scam, but curiously neither Bacchu nor any of the board members were named as accused although multiple probes indicated their involvement. Later, four cases were filed.
However, the chargesheet against Bacchu, a former member of the parliament, took eight years to come by.
Of the 59 cases, Bacchu was accused in 58 cases, according to officials with knowledge of the proceedings. The ACC implicated 101 clients and 45 bank officials in the cases.
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