BSS
  09 Mar 2026, 15:40

Travel ban imposed on ex-Basic Bank Chairman Bacchu, 15 others

File Photo

DHAKA, March 9, 2026 (BSS) - A court here today imposed a travel ban on 16 
individuals, including former Chairman of Basic Bank Sheikh Abdul Hai Bacchu.
 
Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order, 
accepting a plea filed by the Anti-Corruption Commission (ACC).
 
The other people, who have been barred from leaving the country are--former 
Managing Director (MD) of BASIC Bank Limited AKM Sazedur Rahman, former MD 
and Chief Executive Officer (CEO) Kazi Fakhrul Islam, Deputy MD Fazlus 
Sobhan, former General Manager and Company Secretary Shah Alam Bhuiyan, 
former directors Jahangir Akhand Selim, Fakhrul Islam, Subhasish Bose, 
Nilufar Ahmed, and Dr Kazi Akhtar Hossain, Anwarul Islam, former Gulshan 
branch manager Sipar Ahmed, Tahmina Denim Limited MD Yasir Ahmed Khan, its 
Chairman Kamal Zaman Molla, director Kazi Rizwana Mominul Haque, and chief 
surveyor Jasim Uddin Chowdhury.
 
The ACC plea said the accused, in collusion with one another with dishonest 
intention, allegedly abused their authority and committed criminal breach of 
trust, embezzling Taka 8.40 crore from the BASIC Bank Limited Gulshan branch 
for their personal gain. 

A case was filed against them over the allegation.
 
After completing the investigation, a charge sheet was submitted on June 12, 
2023. Later, the Anti-Corruption Commission received the case back from the 
Special Judge Court-1 with instructions for further investigation along with 
some observations.
 
The further investigation of the case is currently underway. During the 
probe, investigators learned from confidential sources that the accused named 
in the FIR and those identified during the investigation are trying to leave 
the country. 

If they flee overseas, it may hamper the proper investigation of the case, so 
it is necessary to impose a travel ban on them.