ACC to probe against DUCB for swindling investors\\\' money

The Anti-Corruption Commission (ACC) has decided to launch a probe into the allegation of swindling investors' money by Dhaka Urban Cooperative Bank (DUCB), reports UNB.
The commission at its recent meeting decided to conduct a probe into the graft allegation against DUCB, ACC public relations officer Pranab Kumar Bhattacharya told the news agency.
According to the graft allegations received by the ACC, Ashulia branch of the DUCB collected about Tk 17 million from investors offering them high interest rate and plundered the money by closing the bank branch.
It is alleged that bank owner major (retd) Selim and others lured the investors to deposit money to the bank by offering high interest rate and went into hiding closing the bank.