Seven more bankers face interrogation by Bangladesh anti-corruption agency

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Bangladesh's Anti-Corruption Commission grilled seven high officials of Mercantile Bank in connection with an inquiry over a Tk1,300 crore loan scam of Ananda Shipyard. AnandaShipyard secured Tk1,300 crore loan from 14 banks and financial institutions between 2010 and 2013 without depositing proper security money in line with bank rules in the name of exporting ships, the allegations say. It also did not experience ship exporting during that time.

Read the story by Adil Sakhawat, in Dhaka Tribune. http://www.dhakatribune.com/crime/2014/dec/23/seven-more-bankers-face-acc-interrogation

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