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Bacchu frantic to sell 138 katha land in Bashundhara
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Bacchu frantic to sell 138 katha land in Bashundhara

Bacchu frantic to sell 138 katha land in Bashundhara

Sheik Abdul Hye Bacchu, who is the previous director of Essential Bank and the principal denounced in the bank’s trick, possesses a place that is known for 138 katha at the Bashundhara neighborhood in Dhaka.

Bacchu frantic to sell 138 katha land in Bashundhara
Bacchu frantic to sell 138 katha land in Bashundhara

He has connected with two people to sell the land straightaway.

The Counter Defilement Commission (ACC) presented a charge sheet against Sheik Abdul Hye in 58 cases regarding the Fundamental Bank trick in June this year.

Sources at the ACC and Fundamental Bank said a forceful step was taken to sell the place that is known for two plots following the accommodation of charge sheet.

Be that as it may, Sheik Abdul Hye couldn’t track down a reasonable purchaser throughout the previous four months. It was likewise discovered that he will sell the land at a modest rate assuming that anybody pays the cash at a time.

Bacchu frantic to sell 138 katha land in Bashundhara

Babul Mia for the benefit of Hye is attempting to sell the land.Bacchu frantic to sell 138 katha land in Bashundhara

Neighborhood individuals in Bashundhara know him as chief caring for properties of Abdul Hye. Sheik Abdul Hye possessed the land when was the administrator of Fundamental Bank in 2012.

How much the land is 228.4 decimals in two plots- – No 719 and No 720 in Block-I in Bashundhara. As 33 decimals equivalent to one bigha, the area of two plots remains at 6.9 bigha and as 20 katha equivalent to one bigha, how much the properties remains at 138 katha.

Albeit a while have previously passed, no capture warrant has been given against Sheik Abdul Hye. The ACC said there is a ban on him not to travel abroad.

Rather than giving up to the court, he is attempting to help advantageous bail from the High Court through his attorney.Bacchu frantic to sell 138 katha land in Bashundhara

It was impractical to converse with Abdul Hye over selling his territory.Bacchu frantic to sell 138 katha land in Bashundhara

While conversing with his attorney Syed Mahsib Hossain via telephone on Saturday, he said Sheik Abdul Hye is in the country.Bacchu frantic to sell 138 katha land in Bashundhara

He additionally said he knows nothing about 138 katha land. Be that as it may, he can sell his properties in the event that there is no court directive.

Bacchu’s territory in Bashundhara
A survey of records shows Abdul Hye possesses 23.09 decimal of land on the CS and the SA plot (dag) number 3369, 76.19 decimals on the plot No 3370, 42.52 decimals on the plot No 3371, and 85.43 decimals on the plot No 3372. The CS and the SA represent Cadastral Overview and State Obtaining Study.Bacchu frantic to sell 138 katha land in Bashundhara

Vesting the Bashundhara Local location on 19 October, it was found that a red block constructed limit wall has been raised on the whole land. There is likewise a wall between two plots, and a 80-feet in length street encompasses these plots. There are numerous private structures in the north. A confidential medical clinic under development and a structure with billboards of a lodging organization were in the south, while a power sub-station is in the west and a house contiguous the street is in the east.Bacchu frantic to sell 138 katha land in Bashundhara

This reporter conversed with Babul Mia, who is participated in selling Abdul Hye’s 138 kathas of land, over cell phone on 5 November. Gotten some information about the report ashore deals, he said he was a driver of Abdul Hye and he knows nothing about this have any significance since he has been sick for a month.Bacchu frantic to sell 138 katha land in Bashundhara

Answering to a question on whether he tracked down any purchaser yet, Babul Mia said, “I can not say anything more ashore deal.” In any case, it was picked up during spot visits that Babul Mia came one time each week and took his portion of vegetables that develop on these grounds. Vegetables including bottle gourd, eggplant and turmeric develop on a piece of the land while catkin develops on the non-arable parts.

Local people said the cost of land is Tk 20 million a katha. That implies costs of terrains possessed by Abdul Hye are about Tk 2.76 billion.

There are two entryways on the two sides of the land. The door of the east side was open, and in the wake of going into the area, soil was found and block chips have been topped off on certain parts, and that is generally finished to fill a land parcel.

Bacchu frantic to sell 138 katha land in Bashundhara

This reporter followed someone else Enamul Haider who is helping with selling lands for Abdul Hye. Enamul Haider conversed with this reporter at a lodging in the capital’s Banani on 7 November. He said, “We have conversed with a many individuals, didn’t however finish anything yet. To purchase the land at one go, the cost can be diminished marginally.”

The amount they can bring down the cost. In answer, he said cost can be not exactly Tk 20 million, yet above Tk 15 million a katha.

Abdul Hye turned into an individual from parliament from Jatiya Party in the Bagerhat-1 voting public in 1988. The public authority named him as the executive of Fundamental Bank after Awami Association came to drive in 2009. His nearby agreement with the high level of the current government is a lot of examined in the political space of the country.

Behind the misappropriation of Tk 22.65 billion
Abdul Hye was Essential Bank’s administrator for two terms in 2009-2014. An examination by the Counter Debasement Commission (ACC) uncovered that Tk 22.65 billion was stolen and washed during Abdul Hye’s residency. A sum of 59 cases were documented over the occurrence in September 2015 with Motijheel, Paltan and Gulshan police headquarters. Abdul Hye was blamed in everything except one case. It took ACC eight years to track down Abdul Hye’s contribution with theft.

ACC’s legal counselor Khurshid Alam said the property would be seized assuming the court decision demonstrates it was purchased by cash got from pay-offs or on the other hand in the event that he neglects to give the legitimate kind of revenue.

At the point when Abdul Hye joined Essential Bank in 2009, it had a default credit of 5% of the all out credit. Be that as it may, it shot up to an incredible 68 percent toward the finish of 2014. Since the trick, the public authority has given Fundamental Bank Tk 33 billion from the financial plan, yet the bank couldn’t return. How much defaulted credit in the bank remained at Tk 80.25 billion, or 63 for every of its absolute advance, till last June.

Fundamental Bank’s overseeing chief Md Anisur Rahman told Prothom Alo that Sheik Abdul Hye isn’t a worker of Essential Bank. He was directorate’s administrator of the bank named by the public authority. So the bank has no extension to make a move against him.Bacchu frantic to sell 138 katha land in Bashundhara

More properties of Bacchu
While he was the executive of the bank, Sheik Abdul Hye purchased a house on 30.25 katha land for Tk 1.1 billion at Shahid Sharani area of Cantonment Bazar in Dhaka. The cost of the property was displayed at Tk 152.5 million of every two deeds. A Bangladesh Bank report said Abdul Hye and his sibling Sheik Shahriar moniker Panna accepted hush money in return for giving credits from the bank.Bacchu frantic to sell 138 katha land in Bashundhara

ACC on 3 October documented a case for misappropriation and tax evasion worth Tk 947.5 million over obtainment of this property.

In no less than a year and two months of Abdul Hye’s expecting the chairmanship of Essential Bank in 2009, his privately-owned company Eden Fisheries purchased six boats and his sibling Sheik Shahriar nom de plume Panna’s business Crown Fisheries purchased two boats. The market cost of the boats is around Tk 1 billion.Bacchu frantic to sell 138 katha land in Bashundhara

Sheik Abdul Hye built a two-celebrated working in the names of his folks at Aruadihi town in Bagerhat’s Mollahat upazila.Bacchu frantic to sell 138 katha land in Bashundhara

Gotten some information about the issue, Straightforwardness Worldwide Bangladesh’s (TIB) leader chief Iftekharuzzaman let Prothom Alo know that how Abdul Hye had managed Fundamental Bank is notable by the entire nation and the public authority. Obviously nothing had been finished to him because of his immediate and circuitous political associations.Bacchu frantic to sell 138 katha land in Bashundhara

The specialists can check whether he had shown the abundance obtained and land secured in his personal assessment form. The public authority can seize his riches in the event that debasement is demonstrated.Bacchu frantic to sell 138 katha land in Bashundhara

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