ACC sues CCC officials over tax manipulation 

CHATTOGRAM, Nov 10: The Anti-Corruption Commission (ACC) has filed two separate cases against nine people including six officials of Chattogram City Corporation (CCC) over alleged manipulation of annual holding tax assessments for two private institutions.

Sayed Alam, assistant director of the ACC's Integrated District Office-1 in Chattogram, filed the cases on Monday, alleging a total financial loss of around Tk 17 crore.

According to ACC sources, irregularities were found in the annual valuation of Incon Trade Limited, under Revenue Circle-8, during the 2017-18 to 2022-23 fiscal years. Although the company's actual annual valuation was Tk 256,747,500, it was allegedly reduced to Tk 56,747,500.