Dhaka,   Wednesday 23 October 2024

ACC to probe Salman over assimilation of Tk 36,000cr

Staff Correspondent, Dhaka

Published: 13:55, 22 October 2024

Update: 19:02, 22 October 2024

ACC to probe Salman over assimilation of Tk 36,000cr

The Anti-Corruption Commission (ACC) has decided to launch an investigation into Beximco Group Vice Chairman Salman F Rahman over various allegations, including assimilation of Tk 36,000 crore.

The anti-graft body has sent letters to different organizations, including 63 banks, RAJUK, housing authority and Dhaka-Gazipur City Corporations.

There were allegations that Salman F Rahman borrowed more than Tk 36,000 crore from banks, mostly from state-owned ones, despite his unacceptable track record as a borrower--non-payment and rescheduling until asking for a much bigger loan--and it all was a vulgar display of power.

Salman has been a widely identified man behind the stock market scams in 1996 and 2010.

Using courts during Awami League tenures, he (Salman) suppressed any action against him based on investigators’ findings. And the impunity just kept fueling his hunger for bigger scams through bank loans and the capital market.

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