South Bangla Agriculture and Commerce Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Financial-intelligence inquiry involving Abdul Kadir Molla
The Bangladesh Financial Intelligence Unit requested account information concerning chairman Abdul Kadir Molla amid allegations involving loans and banking-law violations. The supplied material does not state a final outcome.
2021
Investigations into alleged irregular loans and embezzlement
The bank faced inquiries into alleged irregular loans. The available reference reports that the Anti-Corruption Commission filed a case against SM Amjad Hossain and six others over alleged embezzlement, and that several bank officials were suspended following regulatory findings.