Indian framing of the news goes to show indian establishment and media acting as Awami partner in corruption and underwriting Awami League corruption with full force.
World Bank cancels Bangladesh bridge loan over corruption
- Thread starter BanglaBhoot
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Indian framing of the news goes to show indian establishment and media acting as Awami partner in corruption and underwriting Awami League corruption with full force.
Brother , enemies will use your weakness. Any traitor will be exploited by foreign forces and
awami league being a traitor , will naturally be taken advantage off. It is up to bangladeshis to
eliminate these traitors.
They are not spineless. They are carrying out their master's orders quite perfectly. AL's sole reason for
existence is to serve delhi.
wtf is Indian framing?
There is a better option. BNP has resorted to corruption just like any other ruling political party but never resorted to corruption on this level. Matter of fact, this padma bridge allegation is a tip of the ice berg and was exposed because international players are involved. Corruption for any government is inevitable and I am sure even you are aware of that, but the corruption we have now is not only rampant but arrogant. Known murderers and thugs walk around with the aid of the government who is not even ashamed to support them.Like there is an option, both Bangladeshi parties are corrupt.
In other news
Bangladesh Fires Back At World Bank Over Bridge - India Real Time - WSJ
LaBong
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Yes that's why your news anchors speak in our dialect. Lakh lanat on you for stealing our dialect for commercial purpose!
Is that weed your smoking your profile picture? Whatever it is your smoking, it is some good weed
To be honest this is not even that big of a scam. SNC Lavlin employee bribed Bangladeshi officials to tip the contract in their favour. This is not something unheard of, even in western countries you hear about such cases every now and then.
It would be interesting to see whether the Bangladeshi official demanded the bribe or the SNC Lavlin offered the bribe.
Even a novice can distinguish between W.bengali and BD dialect. A west bengali channel can easily
be distinguished from BD channel. There is a limit to lying.
Zabaniyah
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Some folks here are saying that WB took this action to 'teach them a lesson'.
May be, just may be it could be related to Dr. Yunus's removal from Grameen Bank. That is what some media commentators (professional) are saying. So I do not know for sure.
But on a side note, there's simply too much corruption here in Bangladesh.
LaBong
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Why thank you, you want some?
Anyway you guys speak in Noyakhailya, Dhakaiya, Syleti etc in movies and news, why speak hindized Calcutta dialect?
Yes you guys are not good at copy paste, trace of Bangladeshi accent remains.
Zabaniyah
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Yeah corruption is just rife in our part of the world eh. Its sad that even Western companies who would otherwise stick to "ethical business practices" in their own country start indulging in corruption when it comes to contracts in developing countries.
But then again both the SNC Lavlin employee involved in this corruption case are South Asians, a Bangladeshi and an Indian. So we have only ourselves to blame here.
By what streach of imaginiation you or anyone came up with this excuse?
WB or anyone for that matter did not ask Awami League to do corruption. So how that has anything to do with Yunus matter? When Suranjit did broad daylight looting from railway and job seekers, did anyone asked him or Awami League to do that? Get you story straight which way you are paddling it.
Zabaniyah
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Read my earlier posts before getting personal. It isn't my opinion, but that of some others.
BanglaBhoot
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ADB goes the WB way
Dhaka July 2 (bdnews24.com)The Asian Development Bank is understood to have cancelled the loan deal for the Padma bridge project in line with the World Bank decision as both lenders "follow similar policies, rules and procedures".
An ADB statement issued on Monday did not clearly spell out the decision but sources in Dhaka admitted that the Manila-based lender would also have to go back on its commitment.
"ADB understands and respects the reasons that have led the World Bank to its decision," the statement said. "ADB and the World Bank follow similar policies, rules and procedures on governance and fiduciary oversight."
Obaidul Quader, the communications minister who would have overseen the US$ 2.9 billion project, said earlier Monday morning that he was expecting other co-financiers to go by the World Bank decision "for obvious reasons".
"It is only natural that the other partners will also move away," Quader told reporters in Dhaka, "since the World Bank is the lead financier."
"ADB has been informed by the World Bank of its decision to withdraw its financing from the Padma Bridge project. Padma is a landmark project for Bangladesh and the region. The World Bank is the lead financier and arranger, working alongside the Asian Development Bank, Japan International Cooperation Agency and Islamic Development Bank," the ADB statement said.
"However, given the importance of the project to the country and the region, ADB also deeply regrets that both parties were unable to reach a workable agreement to move the operation forward."
ADB pledged US$ 610 million, while the World Bank was to give US$ 1.2 billion, Japan's JICA US$ 400 million and Jeddah-based Islamic Development Bank US$ 140 million.
The World Bank announced on Friday that it would not fund Bangladesh's largest infrastructure project citing "credible evidence of corruption" in the management of the venture.
Government ministers have denied any wrongdoing.
The World Bank has itself been branded as an inefficient and corrupt institution with little respect for transparency. A major report released on Saturday by America's Forbes magazine described the Bank as "one of the most dysfunctional" in the world and one lacking in vision.
The Washington-based organisation moved quickly on Sunday to "set the record straight" and alleged Forbes "distorted facts" as a new president took the reins.
ADB, meanwhile, assured of support in future initiatives.
"ADB has a longstanding relationship with the Government of Bangladesh and its people and reiterates its commitment to their long term development needs," the statement issued in Dhaka said.
On Sunday, JICA refused to confirm that it too was pulling out.
"We will consider our position on the project in consultation with the Japanese government," Kei Toyama, senior representative for JICA in Bangladesh, said on Sunday.
"The situation is very much regrettable in spite of the efforts between the government of Bangladesh and the World Bank," he said in response to queries.
ADB goes the WB way | Bangladesh | bdnews24.com
Dhaka July 2 (bdnews24.com)The Asian Development Bank is understood to have cancelled the loan deal for the Padma bridge project in line with the World Bank decision as both lenders "follow similar policies, rules and procedures".
An ADB statement issued on Monday did not clearly spell out the decision but sources in Dhaka admitted that the Manila-based lender would also have to go back on its commitment.
"ADB understands and respects the reasons that have led the World Bank to its decision," the statement said. "ADB and the World Bank follow similar policies, rules and procedures on governance and fiduciary oversight."
Obaidul Quader, the communications minister who would have overseen the US$ 2.9 billion project, said earlier Monday morning that he was expecting other co-financiers to go by the World Bank decision "for obvious reasons".
"It is only natural that the other partners will also move away," Quader told reporters in Dhaka, "since the World Bank is the lead financier."
"ADB has been informed by the World Bank of its decision to withdraw its financing from the Padma Bridge project. Padma is a landmark project for Bangladesh and the region. The World Bank is the lead financier and arranger, working alongside the Asian Development Bank, Japan International Cooperation Agency and Islamic Development Bank," the ADB statement said.
"However, given the importance of the project to the country and the region, ADB also deeply regrets that both parties were unable to reach a workable agreement to move the operation forward."
ADB pledged US$ 610 million, while the World Bank was to give US$ 1.2 billion, Japan's JICA US$ 400 million and Jeddah-based Islamic Development Bank US$ 140 million.
The World Bank announced on Friday that it would not fund Bangladesh's largest infrastructure project citing "credible evidence of corruption" in the management of the venture.
Government ministers have denied any wrongdoing.
The World Bank has itself been branded as an inefficient and corrupt institution with little respect for transparency. A major report released on Saturday by America's Forbes magazine described the Bank as "one of the most dysfunctional" in the world and one lacking in vision.
The Washington-based organisation moved quickly on Sunday to "set the record straight" and alleged Forbes "distorted facts" as a new president took the reins.
ADB, meanwhile, assured of support in future initiatives.
"ADB has a longstanding relationship with the Government of Bangladesh and its people and reiterates its commitment to their long term development needs," the statement issued in Dhaka said.
On Sunday, JICA refused to confirm that it too was pulling out.
"We will consider our position on the project in consultation with the Japanese government," Kei Toyama, senior representative for JICA in Bangladesh, said on Sunday.
"The situation is very much regrettable in spite of the efforts between the government of Bangladesh and the World Bank," he said in response to queries.
ADB goes the WB way | Bangladesh | bdnews24.com
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