Dhaka, Dec. 7 -- The Anti-Corruption Commission (ACC) has launched an inquiry into allegations that former president Md Abdul Hamid misused state resources for personal benefit during his time in office.

Investigators say the allegations relate to a beautification and decoration project in Dhaka's Nikunja-1 residential area, which reportedly caused the state a financial loss of about Tk 240 million.

According to the complaint, the project was implemented during Hamid's two consecutive terms as president, and the work was carried out in a way that allegedly benefited him personally.

The complaint also accuses him of illegally acquiring wealth during his time in office.

The names of Hamid's three sons, Rejwan Ahammad Taufiq, Rasel Ahmed...