Wednesday, 11 July 2012

Padma Bridge Corruption

The World Bank has credible evidence which points to a high-level corruption conspiracy among Bangladeshi government officials, in connection with the Padma Multipurpose Bridge Project. The World Bank provided evidence from two investigations to the Prime Minister, the Minister of Finance and the Chairman of the Anti-Corruption Commission of Bangladesh (ACC) in September 2011 and April 2012. In light of the inadequate response by the Government of Bangladesh, the World Bank decided to cancel its $1.2 billion IDA credit in support of the Padma Bridge.

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