During the A.League regime, 14 billion dollars were smuggled annually

During the 15-year rule of Awami League, an average of about 14 billion dollars (14 billion) was smuggled abroad every year. This information has been mentioned in the draft report of the white paper preparation committee on the economy of Bangladesh. Money laundering is illustrated using

During the 15-year rule of Awami League, an average of about 14 billion dollars (14 billion) was smuggled abroad every year. This information has been mentioned in the draft report of the white paper preparation committee on the economy of Bangladesh. Money laundering is illustrated using scientific methods, government documents and global reports.

The head of the white paper drafting committee. Debapriya Bhattacharya will submit the report to the Chief Adviser on Sunday. The next day, a press conference will be held to highlight the irregularities, corruption and mismanagement of the previous government.

Earlier on November 2, Transparency International Bangladesh (TIB) reported that 12 to 15 billion dollars have been smuggled out of the country every year for the past 15 years.

Dr. Debapriya said in an event last Thursday, 'Earlier I said in an ERF event during the Awami League government, why are journalists not being allowed to enter Bangladesh Bank. Dal mein kuch kaala hai. On Sunday I will be able to tell which dal is rotten and which was good.'


The white paper drafting committee did not get much time to collect data on the value of money laundering from the country. A member of the white paper drafting committee said the actual amount of money laundering could not be ascertained due to time constraints. He said, 'We have shown the real picture of the economy of Bangladesh there.'

The committee formed on August 28 was given three months to prepare a report to tell the true state of the economy over the years. "We have included in the report how money is laundered and how to stop it," said a member of the committee, who did not want to be named.

According to the US-based research organization Global Financial Integrity, Bangladesh lost an average of 8.27 billion dollars from 2009 to 2018 due to wrong shipment of import-export goods by traders to evade taxes.

A 250-page white paper report on the economic status of Bangladesh has been prepared. There are GDP growth, inflation, external balance, banking sector situation, power and energy situation, government debt, statistical quality, trade, revenue, expenditure, mega projects, business environment, poverty and equality, capital market, education, health, women and climate issues. There are 22 chapters.

The committee headed by Devapriya Bhattacharya, Honorary Fellow of the Center for Policy Dialogue, presented its observations on mega projects like Padma Bridge, Rail Link, Rooppur Nuclear Power Plant, Matarbari Power Plant and Karnaphuli Tunnel.

A member of the committee said, 'We have included our observations on the World Bank's corruption allegations and Canadian courts in the Padma Bridge project. We also have observations on self-financed bridge construction. 30 thousand 193 crore rupees or 3.56 billion dollars have been spent on the construction of the 6.15 km long Padma Bridge. Of this, 2.4 billion dollars have been paid through foreign currency provided by Agrani Bank.

Another member of the committee said that the total government debt, especially the repayment of foreign debt in the next four years of 215 ongoing projects with foreign financing, has been included in the report. The committee recommended rationalization of huge subsidy expenditure, improvement of bad debt situation and strengthening of market management to control inflation.


Monirul Islam

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