Jan 052013

Dhaka, Jan 5, 2013: Large population and corruption are the main obstacles to Bangladesh’s economic progress, according to a survey of Gallup, a Washington-based opinion poll surveyor. In the survey, 60 per cent of the respondents identified population and 56 per cent saw corruption as major barriers to the country’s economic advancement. Poorly qualified population,

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Sep 202012
World Bank back in Padma project

Dhaka, Sep 20: After a series of hectic negotiations, the World Bank has decided to return to Padma bridge project after meeting Prime Minister’s Advisor Gawher Rizvi in Washington, online newspaper bdnews24.com reports. Bangladesh Ambassador to the United States Akramul Qader confirmed bdnews24.com about the development on Thursday, it says. “The World Bank has decided

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Aug 302012
Hallmark scam: Sonali Bank suspends 17 officers

DHAKA, Aug 30: Sonali Bank Limited, the largest bank in Bangladesh, on Thursday suspended 17 of its officials for their alleged links to the biggest financial forgery of Tk 35 billion by textile company Hall-Mark Group and some other firms. The suspended officials of the state owned bank include deputy general manager ANM Hedayet Ullah,

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Aug 152012

Two ships sold by state-owned oil giant Petroleos Mexicanos, or Pemex, to scrap yards in Pakistan and Bangladesh contained hazardous materials, a violation of both Mexican and international law, an environmental group said. “The arrival of these obsolete vessels, the Sebastian and the De Marz, in South Asia without notice and without first being pre-cleaned

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Aug 122012

Transparency International, Bangladesh (TIB) has found 18 sectors at the office of the Controller General of Accounts (CGA) are plagued with corruption, requiring a bribe of maximum 15 percent for getting a job done. The findings came through an investigation which prompted the civil society organisation that monitors and publicises political and corporate corruption to

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