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News Category: Business

  • Sheikh Abdul Hye flees to Canada after ‘plundering’ BASIC Bank

    Sheikh Abdul Hye flees to Canada after ‘plundering’ BASIC Bank

    “I am the scapegoat”—that was how former BASIC Bank chairman Sheikh Abdul Hye, also known as Bacchu, described himself.Although he claims to be innocent, Abdul Hye has been accused of turning one of the best state-owned banks into one of the worst. H…