Bismillah Scam: 2 Shahjalal Islami Bank officials quizzed

Dhaka,Apr 17 ( The Anti Corruption Commission (ACC) on Wednesday quizzed two officials of Shahjalal Islami Bank in connection with the alleged swindling of Tk 1,100 crore from five commercial banks by Bismillah Group, a terry towel producer.

An ACC inquiry team, led by its deputy director Syed Iqbal Hossain, started grilling the manager of Eskaton branch of the bank M Nakibul Islam and officer Sabina Yasmin at 10 am and continued it till 12 pm at the ACC head office, ACC public Relations officer Pranab Kumar Bhattacharya told the media.

The ACC will also interrogate 12 officials of Jamuna Bank Limited during April 22-24 in connection with the alleged swindling of Tk 1,100 crore.

On February 26, the anti-graft body formed a five-member inquiry team to probe the graft allegation.

According to a Bangladesh Bank report, Bismillah Group swindled about Tk 1,100 crore from state-run Janata Bank and four private commercial banks -- Prime Bank, Shahjalal Bank, Jamuna Bank and Premier Bank -– showing fake export documents, taking government’s cash incentive to open business firms abroad and with accommodated bills through Letters of Credit (LCs).

The business group swindled Tk 392.57 crore from Janata Bank, Tk 306.22 crore from Prime Bank, Tk 163.69 crore from Jamuna Bank, Tk 148.69 crore from Shahjalal Bank and Tk 62.97 from Premier Bank.