Six high officials of BASIC Bank were suspended yesterday on charges of irregularities.
However, the officials pointed at others inside the bank for the irregularities.
“Everybody, from officials inside the bank to the central bank, knows about the irregularities and the loans that were given out that even the branches opposed to,” said one of six officials suspended, seeking anonymity.
The suspended officials are Monaem Khan, deputy managing director; three general managers -- Zainul Abedin Choudhury, Kh Shamim Hasan and Mohammad Ali; Shipar Ahmed, deputy general manager; and Zahid Hasan, deputy manager.
The officials said they were suspended to protect the actual culprits. The bank has been in the news in the last few years for granting thousands of crores of taka in loans without proper scrutiny and collateral.