DHAKA, Aug 4, 2025 (BSS) - The Anti-Corruption Commission (ACC) has filed a case against 17 persons including former BASIC Bank chairman Sheikh Abdul Hai Bachchu on charges of embezzling Taka 300 crore from the bank by showing fake mortgaged property and abusing power.

ACC Director General Md. Akhter Hossain gave this information at a regular media briefing at ACC the head office here today.

The case was filed on July 31.

Former BASIC chairman Abdul Hai Bachchu has been named as the main accused of the case. The charge sheet also mentioned the names of former directors, managers, valuation officers of BASIC Bank and the owners of the related fake institutions as accomplices.

The complaint stated that the accused, withdrew the loan from the bank using fake documents without any real mortgage.