JS body for action over BASIC Bank graft

The Parliamentary Standing Committee on Public Undertakings asked the concerned authorities on Thursday to take "exemplary" punitive actions against the perpetrators of corruption in the state-owned Basic Bank in line with the investigation report, reports BSS.

"The committee also called for a review why the Anti Corruption Commission did not take any action against the BASIC Bank Board of Directors even after Bangladesh Bank informed them long ago about the irregularities and corruption there," a parliamentary secretariat handout said referring to the committee's resolution.

The committee also suggested appointment of capable, professional and transparent personalities to the board of directors of all public and private banks of the country.

The recommendations were made at the 9th meeting of the committee, held at the Jatiya Sangsad Bhaban with its chairman Shawkat Ali in the chair.

The members of the committee also discussed overall functions of the Bangladesh Bank (BB).