BASIC Bank Ltd has suspended its Gulshan branch manager ASM Waliullah for his alleged involvement in financial corruption. An office order on the suspension of the manager was issued on Wednesday, a high official of BASIC Bank told New Age.
He said that the senior management of BASIC Bank had taken the decision to suspend temporarily the manager for his suspected involvement in the financial scam.
The bank took the initiative in keeping with the central bank directives, he said.
A central bank team unearthed that around Tk 3,500 crore had been misappropriated from the BASIC Bank between 2012 and 2013 and some officials of the bank had been involved in the financial scams.
Most of the anomalies were detected in the bank’s Dilkusha, Shantinagar and Gulshan branches in Dhaka.
BASIC Bank suspended another six of its top officials on April 17 for their alleged involvement in financial corruption.
Besides, the central bank has recently taken a number of initiatives against the corruption committed at BASIC Bank.
The BB removed the bank’s managing director and recommended the finance ministry to dismantle the board of directors of BASIC Bank.
-With New Age input
