Published: 06:18 AM, 02 July 2026
ACC seeks information from BB again on three former governors
The Anti-Corruption Commission (ACC) has reportedly renewed its request to Bangladesh Bank (BB) for detailed information concerning three former central bank governors-Dr. Atiur Rahman, Fazle Kabir, and Abdur Rauf Talukder-as part of its ongoing investigations into alleged loan scams, money laundering, and violations of financial regulations.
According to officials familiar with the inquiry, the ACC has sought documents related to banking supervision, loan approvals, regulatory decisions, and compliance measures undertaken during the tenures of the three former governors. The commission aims to determine whether there were any lapses in oversight or regulatory failures that may have contributed to large-scale financial misconduct involving several business groups.
The latest request forms part of the ACC's broader efforts to investigate allegations of massive loan defaults, illicit fund transfers abroad, and abuse of the country's banking system. Investigators are expected to examine whether existing banking regulations were adequately enforced and whether any negligence or misconduct enabled financial crimes to occur.
One of the major areas of investigation reportedly involves allegations surrounding business conglomerate S. Alam Group, which has faced widespread scrutiny over claims of obtaining substantial loans from multiple banks through irregular means during the tenure of the ousted Prime Minister Sheikh Hasina's government. Critics have alleged that politically connected business entities enjoyed preferential treatment in securing large credit facilities, contributing to mounting non-performing loans and increasing pressure on Bangladesh's financial sector.
The ACC is also examining allegations that significant amounts of money were transferred overseas through illegal channels, raising concerns over money laundering and weaknesses in financial governance. Investigators are expected to review regulatory correspondence, inspection reports, and decisions taken by Bangladesh Bank during the relevant periods.
Legal experts note that requesting information from Bangladesh Bank does not in itself imply criminal liability for any individual. Rather, such documents are considered essential for determining whether any violations of the law occurred and whether further legal proceedings are warranted.
The renewed inquiry reflects the ACC's continuing efforts to strengthen accountability in the country's financial sector amid growing public concern over banking irregularities and large-scale loan scams. If sufficient evidence is found, the commission may summon current and former officials for questioning before deciding whether to file formal cases.
Neither the three former governors nor representatives of S. Alam Group immediately commented on the reported development. The ACC has stated that the investigation remains ongoing and that conclusions will be based on documentary evidence, witness testimony, and applicable legal procedures.
