Arrest warrants against ex-BASIC Bank chairman Bacchu, 4 family members

Staff Reporter:

A Dhaka court on Thursday issued arrest warrants against former BASIC Bank Chairman Sheikh Abdul Hye Bacchu and four of his family members in a case filed by Anti-Corruption Commission over embezzlement and money laundering of around Tk95 crore.

Judge Mohammed Ash-Shams Joglul Hossain of the Metropolitan Senior Special Judge’s Court of Dhaka passed the order after taking cognisance of the charges brought against Bacchu and five others.

The judge directed the officer-in-charge of Banani Police Station to submit by November 4 the reports on execution of the arrest warrants issued against them.