BASIC Bank loan scam: UK Bangla Trading chairman gets bail

The High Court today granted a four-week bail to Ahmed Tajuddin, chairman of UK Bangla Trading Ltd, in a BASIC Bank scam case.

The court asked the chairman to surrender before a lower court after four weeks and asked him to pay Tk 2 crore to the BASIC Bank in every two months after his surrender.

According to the HC order, Tajuddin will continue to pay the money to the bank until the loan is paid.

The Anti-Corruption Commission (ACC) filed the case against Tajuddin with Gulshan Police Station on September 21 last year on charge of taking a loan of Tk 45 crore from the BASIC Bank through forgery and misappropriating the money.

The HC bench of Justice Gobinda Chandra Tagore and Justice Razik-Al-Jalil passed the order after hearing a petition filed by Tajuddin seeking bail in the case.

ACC lawyer Khurshid Alam Khan told The Daily Star that the lower court may consider granting Tajuddin bail on his surrender in line with the HC order.

The accused appeared before the HC bench today.