Dhaka, Sept. 27 -- The Anti-Corruption Commission (ACC) has decided to bring charges against former Beximco Group vice-chairman Salman F Rahman, his son Ahmed Shayan Fazlur Rahman and 23 others over allegations of embezzling more than Tk 5.38 billion from IFIC Bank and laundering the money.

The ACC announced the decision at a media briefing on Sunday, with commission Secretary Saidur Rahman Khan saying the case concerns loans obtained in the name of Skymark International.

According to the graft buster, IFIC Bank approved Tk 5.45 billion in overdraft loans for Skymark in three instalments without properly assessing its ability to repay.

Of that amount, Tk 5.38 billion was allegedly withdrawn in cash or through transfers and misappropria...