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ACC grills Partex MD

Senior Correspondent |
Update: 2014-09-10 07:12:00

DHAKA: The Anti-corruption Commission (ACC) on Wednesday quizzed Managing Director (MD) of Partex Group Shawkat Aziz over loan scam of Sonali Bank.

The ACC Deputy Director Mir Zainul Abedin Shibli was conducting the quiz in the ACC headquarters at Segun Bagicha in the city.

According to the allegation, on 2011, Partex Sugar Mills opened two LCs (letter of credit) of Tk 150 crore (wanted to pay within 180-day) at Sonali Bank Bangabandhu Avenue Branch against an FDR of Tk 7,42,00,000 for importing unrefined sugar.

But the group did not deposit any money in the bank after selling sugar and the bank did not get any profit from the money.

Bangabandhu Avenue Branch of Sonali Bank already owed Tk 22 crore to Partex Group. According to the bank regulations, one cannot open a new LC without paying earlier debts.

As a result, Sonali Bank faced a loss of a total of Tk 150 crore.

ACC also quizzed the accused officers of Sonali Bank in phases in this regard.

BDST: 1655 HRS, SEP 10, 2014

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