ACC begins stock scam probe

The Anti-Corruption Commission (ACC) has started an investigation into the much-talked-about stockmarket scam.

A three-member team has been formed to carry out the investigation, ACC Director General Forrukh Ahmed said yesterday, adding that the committee will submit a report within a month.

"We've already started probing the allegations against Anawarul Kabir Bhuiyan and Kafiluddin Ahmed. We've sought their wealth statements," he said at ACC's monthly briefing.

Bhuiyan, now an officer on special duty (OSD), was an executive director of the Securities and Exchange Commission (SEC) during the capital market debacle in December last year. Ahmed was a deputy general manager of state-owned Investment Corporation of Bangladesh at that time. He is now the general manager of House Building Finance Corporation.

A senior SEC official admitted to The Daily Star that the ACC collected information about Bhuiyan and Ahmed last week.

The anti-graft watchdog has received a part of the enquiry report prepared by former Bangladesh Bank deputy governor Khondkar Ibrahim Khaled from the finance ministry. The report mentioned the alleged corruption by Bhuiyan and Ahmed.

Asked if the ACC will examine the wealth statements of ministers, state ministers and advisers, to be submitted to the prime minister, he said the ACC will act only if it gets specific complaints.

Source : The Daily Star 

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