A Dhaka court on Thursday issued an arrest warrant against former BASIC Bank chairman Sheikh Abdul Hye Bachchu and four of his family members in money laundering case.
Dhaka Metropolitan Sessions Judge Mohammad Assam Jaglul Hossain issued the warrant taking the chargesheet of the case into cognisance.
The other warranted accused are Abdul Hye's wife Shirin Akter, his brother Shahriar Panna, two sons--Sheikh Rafa Hye and Sheikh Sabid Hye Anik.
ACC Deputy Director Mohammad Nurul Huda filed the case against Bachchu with the anti-graft watchdog’s integrated office (Dhaka-1) on October 2, 2023.
According to the case, Bachchu bought the land against two deeds, spending Tk110 crore.
However, Tk 15.15 crore was shown as the purchase price in the documents involved in the process.
Later, he transferred the ownership of the land to his wife and their sons Sheikh Rafa Hye and Sheikh Sabid Hye Anik.
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