Sunday, September 22, 2013

ACC sues SB Group owners, Commerce Bank officials

The Anti-Corruption Commission yesterday filed two separate cases against the owners of two business entities and five officials of Bangladesh Commerce Bank Ltd for misappropriating more than Tk 28 crore from the bank.SB Group, in connivance with the bank officials and a surveyor — Rafid Inspection, swindled Tk 25 crore from the bank showing forged documents of lands used as mortgage, according to one of the case statements.The Anti-Corruption Commission yesterday filed two separate cases against the owners of two business entities and five officials of Bangladesh Commerce Bank Ltd for misappropriating more than Tk 28 crore from the bank.SB Group, in connivance with the bank officials and a surveyor — Rafid Inspection, swindled Tk 25 crore from the bank showing forged documents of lands used as mortgage, according to one of the case statements.

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