The Anti-Corruption Commission is still undecided about launching a probe into Tk 7,246 crore loan anomalies at Islami Bank Bangladesh Ltd.
“Newspaper clippings have been submitted to the commission … No decision has been made yet,” said an official, preferring to be unnamed.
For all latest news, follow The Daily Star’s Google News channel. While the ACC is yet to make up its mind, the central bank has begun investigation after the anomalies surfaced in the media.
Wishing anonymity, an ACC official said at the Islami Bank, they are seeing patterns similar to that seen in former NRB Global Bank Managing Director Proshanta Kumar Halder’s activities.
The allegations against the country’s largest private bank, in terms of deposits and loans, surfaced five years after a Chattogram-based business group took over the bank violating norms.
The group had appointed some representatives of “companies” under its umbrella as directors of the bank. The “companies” existed only on paper.
Marts Business Ltd, which took out a loan of Tk 981 crore from Islami Bank between November 1 and November 10 this year, gave a fake address.
Of the total amount disbursed, Islami Bank’s Gulshan Circle-2 branch gave Tk 1,011 crore to Nabil Grain Crops in July even though the company had opened an account with the branch in March. The firm gave an address in Banani which turned out to be fake.
The ACC in its investigation found that PK Halder, who is facing at least 36 cases for…
