Corruption

The minister has said that strict legal action, including cancellation of licenses and registration of FIRs, should be taken against the culprits, and effective prosecution must be ensured to secure conviction.

Adding to the complexity, the Power Grid Company of Bangladesh has yet to complete six substations critical for evacuating electricity generated at the Meghnaghat hub. Sources say these substations are unlikely to be ready before August.

Bangladesh Bank has confirmed the formation of a task force to evaluate the situation. It is also drafting a new “Bank Resolution Act” that will provide a legal and procedural framework for the proposed mergers and acquisitions.

The committee decided to postpone any immediate action, opting instead to thoroughly review the investigation report and accompanying documents provided by the JSC. This approach aims to ensure a comprehensive understanding of the case before making a final decision.

Experts say that if Bangladesh is to achieve its ambition of becoming an upper-middle-income country by 2031, it must confront the growing dominance of business elites in its political system.

There were at the most only 8183 candidates whose appointments were tainted and there were other appointees totalling around 17,552 against whom no taint of any kind was found in their appointment.

According to the US Trade Representative’s findings, Sri Lanka’s high tariff rates – among the world’s highest by certain metrics – along with unpredictable customs procedures and non-transparent policy shifts, have contributed to strained trade relations.

A National Consensus Commission has been established to gather input from political parties, and their recommendations will form the basis of a July Charter outlining agreed-upon reforms.