Dhaka, Dec. 11 -- The Anti-Corruption Commission (ACC) on Wednesday filed a case against 16 persons, including Bashundhara Group Chairman Ahmed Akbar Sobhan, his two sons and 13 officials of National Bank PLC (NBL), on charges of embezzlement and money laundering involving a bank loan of about Tk 6.0 billion.

ACC Deputy Director Md Jahangir Alam lodged the case as complainant at the commission's headquarters.

According to the case statement, Bashundhara Import and Export Ltd, led by its chairman Ahmed Akbar Sobhan and managing director Sadat Sobhan, obtained a total of Tk 13.50 billion from National Bank in funded and non-funded loans. Investigators allege that Tk 6.0 billion of the fixed-term loan was never repaid and was instead diver...