A small group of different folks has stolen an amount equivalent to the total nation’s profits for 1.5 years, said Sheikh Bashir Uddin, advisor to the Ministry of Commerce.
He made the assertion this day (10 December) while talking as the executive customer on the “ERF-Pran Media Award 2024” ceremony, held on the Economic Newshounds’ Forum (ERF) auditorium.
The ERF-Pran Media Awards were conferred to 10 journalists all the method in which through three classes: 5 from print media, two from online platforms, and three from tv.
Citing findings from the Nationwide White Paper Committee, Bashir Uddin revealed that virtually Tk28 lakh crore had been laundered in another country over the past 15 years.
“This staggering theft used to be orchestrated by handiest a handful of different folks, on the expense of the nation’s institutions,” he remarked, including, “For such enormous corruption, many institutions were destroyed.”
As an illustration, Bashir Uddin pointed to the Trading Company of Bangladesh (TCB), which operates with handiest 142 workers members all the method in which through 16 locations of work nationwide.
“In spite of this meagre capability, TCB is allocated Tk11,500 crore yearly, with Tk4,500 crore as subsidies. This opens the door for critical irregularities in beneficiary decision and seller appointments,” he said.
On market conditions, Bashir Uddin acknowledged disorders with commodity pricing nonetheless expressed optimism for the arrival Ramadan.
“We are working tirelessly to be definite food market stability. We seek data from costs to stabilise or decline all the method in which through Ramadan, with ample provides of dates, chickpeas, lentils, and other requirements,” he said while admitting some setbacks in potato market management.
Addressing broader pricing concerns, Bashir Uddin said, “We don’t desire the govt.to repair costs artificially. As any other, we goal to in discovering a tool guaranteeing standard present and market competition, the place costs are clear naturally.”
He talked about efforts to strengthen the Competition Commission and the Directorate of Nationwide Person Rights Protection to attain this goal.
