Dhaka, April 9 -- The Anti-Corruption Commission (ACC) has decided to investigate allegations against deposed prime minister Sheikh Hasina and her sister Sheikh Rehana and others for wasting money and causing a loss of around Tk 40 billion from the state exchequer on the "Mujib Year".

The money was spent to celebrate Bangabandhu Sheikh Mujibur Rahman's birth centenary and to build his more than 10,000 murals and sculptures across Bangladesh.

ACC Director General Md Akhtar Hossain told journalists on Wednesday that a seven-strong committee is conducting the inquiry that began in January.

Data is being collected from multiple institutions, he added.

The members of the panel led by the agency's Deputy Director Md Monirul Islam are assist...