ACC launches probe against Ananda Shipyard

The Anti Corruption Commission (ACC) has launched a probe into the allegation of swindling out about Tk 13.00 billion from 14 commercial banks and financial institutes by Ananda Shipyard, a ship exporter.
The ACC recently appointed its deputy director Zainal Abedin Shibly as an inquiry officer to conduct the probe into the graft allegation.”
 According to the graft allegation received by the ACC, Ananda Shipyard took loans of Tk 13.00 billion from 14 commercial banks and financial institutes showing fake documents. The banks disbursed the loans violating banking rules where the ship exporter had no experience to build ships.
The Bangladesh Bank in its inspections also found such irregularities in disbursing loans of the banks and financial institutes, according to a news agency.