In the four years between 2009 and 2013, Tk 4,500 crore was swindled out of BASIC, once a healthy public bank. But what followed was more shocking than the country's biggest loan scam itself.

The High Court grants permanent bail to Fazlus Sobhan, former deputy managing director of Basic Bank, in six cases involving loan scam of Tk 4,500 crore.

Jatiya Party lawmaker Mahjabeen Morshed and her husband have been sued for Tk 275-crore loan scam at the state-run BASIC Bank.

Anti-Corruption Commission (ACC) sues Jatiya Party lawmaker Mahjabeen Morshed, her husband and five others for allegedly misappropriating around Tk 275crore of Basic Bank.

Around Tk 20 crore was transferred to bank accounts of two firms, owned by Sheikh Abdul Hye Bacchu's younger brother, from several companies that got loans from BASIC Bank through scams when Bacchu was its chairman.

Former BASIC Bank chairman Sheikh Abdul Hye Bacchu has been interrogated by the Anti-Corruption Commission (ACC) in scam cases.

The High Court yesterday severely rebuked the Anti-Corruption Commission for foot dragging and showing weaknesses in investigating cases over the BASIC Bank loan scam. The commission lacks neutrality, transparency and competence in dealing with the cases, the court said, adding that the ACC is applying the “pick and choose” policy as "it keeps detaining and releasing people in connection with the cases".

The High Court rebukes the Anti-Corruption Commission (ACC) for dillydallying and weakness of its investigation into the cases filed for Basic Bank loan scam.

BASIC Bank has finally been able to trace 50 firms which took loans from the bank showing fake documents with the help of its former chairman Abdul Hye Bachchu.

The Supreme Court expresses discontent at the Anti Corruption Commission as it did not implicated the then chairman of BASIC Bank Sheikh Abdul Hye Bacchu and its former board members in two loan scam cases involving Tk 75 crore.

The Anti-Corruption Commission arrests a top official of state-owned BASIC Bank in connection with a loan scam.

ACC arrests four people including an official of the BASIC Bank in Dhaka in connection with swindling of huge amount of money from the bank.

The High Court yesterday directed the Anti-Corruption Commission and Bangladesh Bank to submit their probe reports on BASIC Bank loan scam.

The High Court directs the Anti-Corruption Commission and Bangladesh Bank to submit probe reports on BASIC Bank loan scam.

There were 1.14 lakh bank accounts having over Tk 1 crore each in the all of the country’s commercial banks in 2015, says finance minister AMA Muhith.

The Basic Bank money scam is one of the biggest examples of corruption in the country. Under Mr. Abdul Hye Bacchu's chairmanship...

High Court issues a rule asking why BASIC Bank’s former chairman Sheikh Abdul Hye Bacchu will not be implicated in cases filed over loan scam worth Tk 154 crore.

The Anti-Corruption Commission (ACC) is going to file 23 more cases in connection with the Tk 5,000-crore BASIC Bank scam between 2010 and 2013.

Anti-Corruption Commission files a total of 18 cases with three police stations in Dhaka in connection with alleged irregularities and corruption at BASIC Bank.

Finance Minister AMA Muhith says at the parliament that the total number of loan defaulters in the country was around 1.78 lakh as of June according to Bangladesh Credit Information Bureau.