ACC recovers Tk 3.59 billion swindled BASIC Bank loans [ FIRST PAGE ] 12/01/2017
ACC recovers Tk 3.59 billion swindled BASIC Bank loans
More trap cases to catch bribe-takers this year
Anti Corruption Commission (ACC) Chairman Iqbal Mahmood disclosed on Wednesday that a sum of Tk 3.59 billion of the swindled loans was deposited to BASIC Bank after its recovery since the Commission went into action.

At the same time, the authority of the Bangladesh Small Industries and Commerce (BASIC) Bank Limited rescheduled many loans amounting to Tk 30.42 billion to avert any further possibility of financial fraudulence, he said.

The ACC chairman made the disclosure at a monthly briefing of the national anti-graft watchdog where he shared activities of the Commission in 2016 and upcoming plans to be implemented in the ongoing calendar year.

Terming cases filed in connection with loan scams very complicated, the ACC boss said many individuals and institutions were involved in loan forgeries that badly affected the state-owned bank which have thousands of clients.
"We need to take care of this while taking action," he said.

Asked about delayed approach of the Commission in dealing with cases, he admitted that too much time passed mainly over understanding the pattern of crimes and identification of the accused persons."But still there is time and we can assure that guilty persons will be brought to justice for financial fraudulences.

All ports including land and air were informed about the suspects in the BASIC Bank case in order to stop their departure from the country," he said.The ACC had filed 56 cases against 156 people, including 26 bankers, in 2015 for embezzlement of Tk 20.36 billion.

The ACC chairman warned the people not to take bribes and not to be involved in any form of corruption as 2017 will be a tough year for the corrupt people. "We'll also intensify our monitoring of the departments which are more prone to corruption according to public perception."

He said the Commission caught only four bribe-takers by introducing trap system in 2015 and the number rose to 13 in 2016. "We'll further strengthen the system this year to catch more corrupt individuals. So, stop taking bribe. Otherwise wait for dire consequences." 

Giving a yearly comparison of receiving complaints, filing cases and arrest, Mr. Mahmood said the Commission received 12,568 complaints in the just passed calendar year, which was 21 per cent higher than those of 2015."Although most of the received complaints were beyond the jurisdiction of the Commission, it indicates people are having trust on us," he said.

Citing statistics on public hearings, ACC Commissioner Dr. Nasiruddin Ahmed said they organised 30 public hearings on various service- providing state entities in 2016 while the number was only 5 in the previous year.

"We want to make the hearings more effective. That's why, we will be focusing more on follow-up of the hearings and intensifying communication with the service-providers in the current year," he said.

He also said there will be some visible actions within three days of the hearing.
As part of the upcoming anti-corruption moves, the watchdog will pay its attention to irregularities and corruption centering over admission in educational institutions while taking measures to form its own intelligence unit and strengthen its prosecution unit.
 
 
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