Sunday, June 16, 2019

La Semaine Dernière A Mes Yeux


(7 juillet ---- 14 juillet)


Selon un reportage, les voleurs ukrainiens ont ciblé 5 autres GABs à Dhaka. Ils on utilisé le malware pour prendre contrôle de GAB. Police bangladaise a arrêté 15 Ukrainiens pour avoir volé Tk 1,6 millions depuis les GABs.


Selon un reportage, le ministère des affaires étrangères a appelé les ambassadeurs de Lebanon et de l’Iran au Bangladesh. Ils ont été accusés de corruption.


Selon un reportage, un dirigeant du bureau de l'anti-corruption a été accusé dávoir pris pot de vin depuis un policier corrompu. Le bureau l’a licencié et arrêté pour interpellation. TIB a critiqué le gouvernement pour ne pas avoir appréhendé le policier corrompu.


Selon un reportage, la mauvaise créance des banques bangladaises a franchi le seuil de Tk 1 trillion en provoquant la Banque centrale de tenir une réunion avec PDGs des banques troublées dont 4 banques publiques et 3 privées.


Selon un reportage, le ministre des Finances s’est inscrit dans l’hôpital à la veille de placer son premier budget au parlement. Ce n’est pas grave. Le ministre est tombé malade pendant son discours au parlement. Le Premier ministre a fini son discours budgétaire. Il était aussi absent dans la conférence de presse.


Selon un reportage, un des groupes persécutés au Bangladesh, les Biharis, ont manifesté contre harcèlement de Police et demandé justice pour l’assaut incendiaire qui a laissé 9 morts dans le camp de Kalshi en 2014. Ils se disent que Police n’appréhende jamais les aggresseurs , dont les fidèles du parti en exercicice et un deputé . Cependant, Police a récemment préparé un procès-verbal en accusant des Biharis comme coupables.


Selon un reportage, une fille indigène a été mis à feu par un de ses proches à Narasingdi. Depuis longtemps, il l’a harcelée.


Selon un reportage, 64 Bangladais qui se trouvent dans un bateau au large de Tunisie ont dit à la Croix Rouge qu’ils n’avaient aucun envie de revenir au Bangladesh. Ils sont tous lourdement endettés et désrent d’aller en Europe.


Selon un reportage, Police a trouvé cadavre d’un conducteur de service véhicule-partage Uber à Uttara.

Saturday, June 15, 2019

Default Loans: In Search Of Root Cause

Default loans have reached Tk 1 trillion mark by the end of this March, as indicated by press reports citing Bangladesh Bank. It is in stark contradiction to government's stance to not allowing the default loan to increase even by one Taka. Default loan situation is so dire that Bangladesh Bank convened a meeting with the directors of seven troubled banks to know more about piling up of default loans. According to news reports, key borrowers failed to pay their installments in time  in spite of rescheduling their loans.

What is alarming  is that banks with sound records are also being contaminated by the rapid rise of default loans. Of the seven banks, three are private: Islami Bank, Al Arafah and National Bank. Earlier default loan problem had not taken a virulent form in these banks.

Bangladesh Bank in its annual report observes that non performing loans (NPL) have the potential to trigger spill over effect and to have profound risks for financial stability by making policy implementation harder.

In 2010, the amount of NPLs was Tk 227.1 billion and rose to Tk 893.4 billion by the end of June 2018. A little less than 50% of those NPLs belong to state-owned commercial banks(SCBs).Meanwhile, NPLs for private commercial banks (PCBs) and for foreign commercial banks(FCBs) stood at Tk 389.8 billions and Tk 22.7 billions respectively. One may argue that SCBs operational and client base are much bigger than those of PCBs and FCBs. Gross NPLs to total loans or net NPLs to total loans, which Bangladesh Bank uses to measure asset quality, may give a better indication of comparison of bad loans by types of banks. In 2010, gross NPLs to totaloans by SCBs was 15.7. Meanwhile, it was 3.2 percent for PCBs and 3.0 percent for FCBs. By the end of June 2018, gross NPLs to total loans for SCBs, PCBs and FCBs  rose to  28.2 , 6.0 and 6.7 respectively.Its is evident that percentage of bad loans to total loans is far more higher in SCBs than those in PCBs and FCBs. How the decision was made at the management board and its implementation calls for greater attention.

Bangladesh Bank's management of Equity and Entrepreneurship Fund, a fund created to provide capital for promising businesses, is not beyond controversy. Couple of years ago reports surfaced on the press that thugs swindled hundreds of crore taka from the fund submitting fake documents.

So there is doubt over its ability to rein in curbing NPL.

Bangladesh Bank measures profitability of a bank in terms of its Return on Asset(ROA), Return On Equity(ROE) and interest rate margin. Bangladesh Bank observes that NPL tends to bring down ROA and ROE.

I did a small study on the interaction between ROA and the NPL annd gross NPL to total loan. My objective is to find out whether NPL and NPL to total loans influence ROA. I gleaned data on these three variables for the period between 2010 and 2018(June).In fact, I ran a logit model to see probability of ROA in the presence of NPL and gross NPL to total loan. To get the probability of ROA,P,I hinged on relative frequency, which I got by calculating the ratio of ROA at a particular level of NPL to total ROA in the industry at that level. Taking natural logarithm of P/(1-P) gives us the logit. Next the equation L = a + bNPL+cNPLLOAN+u was transformed by a weight. The weight  was derived by multiplying total ROA, P and (1-P) for a corresponding level of ROA. Then I took the square root of weight and then multiplied the above equation by square root of the weight. Transformed equation looked like:

sqrt(weight)L = sqrt(weight)a + sqrt(weight)bNPL+sqrt(weight)cNPLLOAN+sqrt(weight)u
or
wL= wa+bwNPL+cwNPLLOAN+wu

Then I ran an ordinary least squares regression using the transformed equation. The advantage of this transformed data is that it eschewed heteroscedasticity and yielded efficient estimates of the coefficients.

For SCBs the model fitted well, but for the PCBs and FCBs I was not that lucky. The result of statistical analysis for SCBs indicates that for a unit increase in the weighted NPL the weighted log of the odds in favor of ROA increases by 0.0055492. Alternatively, for a unit increase in the weighted NPL the weighted odds in favor of ROA increase by 1.28 percent. The odds could have been much higher without NPL.

Meanwhile for a unit increase, 1 percent in this case, in the weighted gross NPL to total loan the weighted log of the odds in favor of ROA decreases by 0.0944032. In other words, for 1 percent increase in the weighted gross NPL to total loan the weighted odds in favor of ROA decrease by 19.54 percent.

The above findings are pretty much in line with the Bangladesh Bank observation that NPL slows down profitability of banks.
What led the management board of these banks to endorse these bad loans left many puzzled. Recovery of the loans requires higher time, money and effort, increasing the operating expenses. One of the tools Bangladesh Bank uses to measure capability of management is the ratio of total expenditure to total income(EI). For SCBs, EI was 80.7 in 2010. A gradual rise was recorded till 2016 when it reached to 90.2 then lowered in the later years, 81.7 in 2017 and 83.9 in 2018(June). Meanwhile, for PCBs it was 67.6 in 2010, 73.8 in 2017 and 78.4 in 2018(June). For FCBs, EI was 64.7 in 2010, 46.6 in 2017 and 44.3 in 2018(June). This means FCBs managed to lower EI significantly in recent years. The operating expenses are much higher for SCBs and PCBs than those for FCBs. This is clear indication that management board of FCBs are more capable in dealing with their assets(loans ) and in running businesses in this country. The solution also lies here. What does make them different from the SCBs and PCBs? Who are the members of these boards? Did they face intervention from making and implementing decision?


Now we come to the same roundabout. Poor governance at banks leads to piling up of bad loans. Sheer size of this loan spurs operational expenses and makes expectations of sound banking process untenable. At the end of the day, it contributes to corrode depositors' trust and to augur calamity for the whole economy. Fixing corporate governance instead of injecting further taxpayers' money is the prerequisite.

Saturday, June 8, 2019

La Semaine Dernière A Mes Yeux

(1 juillet --- 7 juillet)

Selon un reportage, un magistrat misogyne a fait assez de polémique dans la presse et le réseau social après il avait fait raide dans les marchés, boutiques et restaurants afin de protéger les droits de consommateurs. Il a mis deux boutiques de beauté à l’amende pour avoir gardé des produits qui ne portent pas la durée de validité. De plus , il a aussi pénalisé une boutique de vêtements , très connu dans la region por sa haute couture, pour avoir vendu un Panjabi à prix différent. Dans tous les cas, les amendes étaient exorbitantes. Toutes les boutiques sont opérées par femmes ou possèdent les femmes comme PDG.De plus, il a publié ses actions dans son compte de facebook et accordée interview à une télé. Un porteparole de la boutique s’est dit que c’était une erreur humaine.Quand une nouvelle de son déchargement est devenue virale, un ministre a dit que la décision avait été faite avant ses raides populaires et le gouvernement l’avait réinstallé.


Selon un reportage, un véhicule de police a percuté des ouvriers de confection en tuant 3 personnes.


Selon un reportage, police a appréhendé six ressortissants de l’Ukraine pour avoir fait un retrait clandestin des argents depuis GAB à Badda Dhaka. Ils ont employé un noveau modus operandi qui n’a pas envoyé un relevé d’identité bancaire au serveur de la banque. Un banque a déjà perdu millions de Taka à cause de ces escrocs. Mais elle ne l’a pas divulguée à la presse.


Selon un reportage, le chef de RAB s’est dit que 300 terroristes disparaissaient sans laisser trace après ils avaient été accordés la mise en liberté provisoire sous caution.


Selon un reportage, Une cour australienne a condamné une étudiante bangladaise et djihadiste à 42 ans de prison pour avoir tenté de tuer un Malais. Sa sœur a été aussi arêtée pour avoir attaqué des policiers bangladais pendant interpellation.


Selon un reportage, police américaine a déjoué une tentative terroriste à New York Times Square par un Américain , originaire du Bangladesh. Police l’a arêté et a fait un procès-verbal.


Selon un reportage, des maisons du groupe minoritaire ont été vandalisées à Sylhet . Un faux compte de Facebook a été utilisé pour avoir incité haine.


Selon un reportage , la foule a mis les véhicules de fonctionnaire à feu à rue de Dhaka- Tangail. Les embouteillages les ont mis en colère.


Selon un reportage, les douanes du Qatar a arrêté un pilote de Biman Bangladesh Airlines pour avoir échoué de montré son passeport. Il l’a laissé au Bangladesh. Il s’acheminait vers Finlande pour voler le vol de Premier ministre au Bangladesh.

Friday, June 7, 2019

Spare The Cane, Correct The Commerce

What has started as a mere drive to protect consumers' rights develops into debate that demands attention and further discussion. As soon as the Ramzan started a drive led by a government agency to oversee violation of consumer rights was initiated. One of the officials came to the attention of the media after he had fined top beauty parlors and shopping mall. There are no short of panegyrics for him. But it was his action against country's top fashion outlet, which maintains a well-organized supply chain of handicraft items, that provoked a debate, opening new avenues for serious thought.

He fined the outlet because it sold one kind of panjabi at two different prices in a week. Owners called it "human error" and apologized to people. But the misogynist official broadcast his actions on his social media account and even gave interviews to private TV channels. Soon news broke out that he had been discharged from his duty. The decision was made prior to his drive against the fashion outlet. But sympathy for him deluged the social media and his removal was attributed to the foul play by the outlet. Alerted by the reactions, a minister came forward to tell the press that he had been reinstalled. But decision and counter decision did not stem the debate but left many questions unanswered.

In our country , public officials face some restrictions while giving frank views and opinions to the press. They usually need superiors' nod. Has there been any change to such rule? If not , then how could he appear before the TV and broadcast his actions on Facebook?

Most of his victims are non partisan brands and many are run or operated by women. Some of the charges were whimsical. For instance a renowned beauty parlor was fined because it kept imported goods that had no validity date. For that reason, he slapped exorbitant fine to the parlor. The fashion outlet in question is run by world's largest NGO. It is also country's biggest marketplace for numerous  local artisans scattered across the country. Most of the profits earned have gone to support social and developmental programs run by this NGO. NGOs have a tough time during the tenure of this government.

The drive did not insinuate a conspiracy theory. But given the type of entrepreneurs who bore fully the brunt of this campaign , it would not be exaggeration to call it a publicity stunt.

The timing of the drive also calls into question the motive of this drive.The drive disported the people but disquieted the business community. This kind of trumpeted campaign cannot be seen throughout the year. Just a year ago similar campaign at a mega shopping mall during the Ramzan brought forth the issue. Back then, a raiding team seized cache of mobile phones from a mobile shop. Ramzan is the month that accounts half or quarter of the annual sales of boutique shops and markets. Retailers often hoard imported goods sold by migrant workers and these goods do not have any valid documents. Furthermore, businessmen have tendencies to stock goods due to the surge in demands in this month. Just imagine how much a mobile shop owner could stock in this month. Now should it be punished for illegal hoarding?

In a corruption-stricken country where businessmen are paying unofficial levies to stalwarts, men-in-uniform and functionaries regularly, they can only stay at the business by compromising consumers' rights. This is perhaps the case in Bangladesh.

In a country where party apparatchik and former foot-soldiers became editor ,owner  of media and journalists , there have been growing tendency to portray business community as "blood sucker", "money making machine" and "super normal profit maker", this vilification made a banal impression among consumers about them.

To my dismay, I noticed none of businesses associated with parties or defense establishment were touched. Eventually the motive of such drive came under closer scrutiny.

I am not against this kind of drive. But it was not done in an even handed way. And vindictive behavior may soil its fruition. Such harsh measures may lead to dishonest practices at a later date to recuperate the "loss" the businessmen incurred during the drive. So instead of improving consumers' rights this kind of action may further worsen it.

I also noticed this kind of drive was blind to the roadside illegal markets that generate steady-stream of revenues to cadre-based parties. I have no issues with such market if it really lifts a person out of poverty. Last year I noticed a recruitment advertisement of an SME financing company operated by a principal law enforcement agency. How could a state organ that is supposed to  do a certain task run such business that may lead to contradict the very objective it is designed to do? If microcredit institutions or SME financing companies were to finance the markets then there would be no issues until they operate within some legal framework. But recently we witnessed incidents of attacks against grass-root level workers of microfinance institutions and mobile financial services. This is more true for the high-end garments boutique owner NGO that also operates a mobile financial service.

Another thing that came to the light is that we really do not have any standard of consumer goods, rating of businesses. It will be wrong to treat a family run business with that of a conglomerate, to equate a street food seller with a posh restaurant , to compare the services of a chain boutique shop on a per with those of a retail clothes seller. It is unjust to expect hygiene and services exist in developed country from a local restaurant and retail shop as we do not see and practice here the degree of governance  prevails in those countries.

Many developed countries in fact are on the verge of changing the rules to make business economically viable and to better use of resources. For instance, France is making a law that requires unsold nonfood goods closer to the end of their shelf life be banned from destruction and be recycled , reused and remade. Not all parts or ingredients become redundant after a certain period. Some of them could be reintegrated into the production process. This is called smart policy making. Bangladesh should take cue from France.

Before securing consumers' rights, we need to rank our businesses, to rationalize quality standards of goods and services.We need to introduce Corporate Governance Index.For that a dialogue is needed between government and guilds and between consumers and guilds.

Comeuppance and severe chastisement cannot often achieve the desired goals.Failure of two-year-long caretaker government is the stark reminder. It tried to cleanse corruption from politics and business through heavy handed methods. The ensuing result is shocking: old habit did not die , in fact, turned worse and our banks and share market were literally plundered.Innovative ways can be explored eschewing harsh methods. At the end of the day, it is the objective that matters most and if it is achieved by employing mean that inflicts no collateral damage then that is the best alternative mean.

Sunday, June 2, 2019

La Semaine Dernière A Mes Yeux


 (24 mai --- 31 mai)

Selon un reportage, la Banque centrale a alerté toutes les banques  à portable au propos de virement clandestin  depuis l’étranger à la veille de la fête religieuse.  Dans le mois de jeûne, les migrants bangladais virent d’argent depuis l’étranger sur les comptes de leurs proches. De plus en plus de Bangladais préfèrent les banques à portable  puisque ça fait moins de temps. Il se peut qu’ils fassent des virements  clandestins . Donc, le renseignement de Bangladesh Bank a demandé aux banques à portable d’identifier les comptes quit font virement clandestin.


Selon un reportage, American Apparel And Footwear Association dans un communiqué a conseillé à Premier Ministre bangladais de retirer les plaintes contre les dirigeants d’ouvrier de la confection et de recruter encore les ouvriers licenciés pour avoir participé dans la protestation en janvier cette année.


Selon un reportage, une nouvelle organization des droits de l’homme s’est dit que les forces de sécurité avaient extrajudiciarement tué 118 personnes de janvier à avril. Pendant la période 354 femmes et 234 enfants ont été violés.

Selon un reportage, police dans son enquête n’a pas trouvé que le conseiller de Teknaf et dirigeant du parti en exercice  était  tué par les feux croisés entre deux bandes de trafiquants de drogue. RAB dans sa plainte s’est dit qu’il était pris entre deux feux par les trafiquants.

Selon un reportage, Daech a revendiqué une tentative d’attaque contre une camionette de Police à Malibagh. Dimanche soir, Daech  a fait exploser une bombe dans une camionette qui appartient à renseinement policier, blessant un agent de Police. 

Selon un reportage, police a préparé procès-verbal contre 16 culpables pour avoir participé à la tuerie d’une étudiante de l’école religieuse.

Selon un reportage, le renseignement policier a accusé 125 personnes dont des dirigeants de la filiale du parti en exercice pour avoir distribué les questions pour argent à la veille des examens publics.

Selon un reportage, une organization des droits de l’homme a demandé explication pour les morts mystérieuses de deux personnes dans la prison. Le mecredi un tueur a été tué par un autre détenu qui y avait envoyé six heurs avant. A la fin d’Avril, un avocet a été succombé à ses brûlures après des gens lui ont mis à feu dans la prison de Panchagarh.

Decoding Our External Sector

 This week I tried to take a deeper look into the composition of our import expenditure and export earnings.Import always dominates over export in our external trade. I am more interested in what constitutes the import and export items. In addition I tried to find link between illicit financial flow and our external sector.

I delved into the sententious stat given in the appendices of Bangladesh Bank annual report. I leafed through several annual reports starting from 2013-2014. I was befuddled when I had found that data were not easily tractable in subsequent reports. Data of many of the import items lack coherence in subsequent reports. For instance, I checked the data for food, edible oil, textiles, capital machinery and other import items for Fy2011, FY 2012 and FY 2013. To my dismay, I found that what was  reported in the annual report of 2013-2014 was different from subsequent annual reports. If this is the case for immediate past year, then the data maybe provisional or revised, as often indicated by Bangladesh Bank. But for the report of 2013-14 this is not the case. And I remind you I am talking about here about three consecutive fiscal years: 2011,2012 and 2013. For the above mentioned items in 2013-14 report ,reported data are not identical in subsequent annual reports. By the way, data in the annual reports for 2014-15, 2015-16 and 2017-18 are similar.  I got the PDF format of the reports from Bangladesh Bank website.

While decoding our investment for an earlier post, I also faced ordeal in gleaning information. To my horror I noticed that proposed investment figure in Tk  published on Bangladesh Investment Authority website was deliberately swollen. Someone tempered the figure by putting an extra zero at the end of the figure. Luckily I had checked the data with the one reported in Bangladesh Economic Survey. I also endured similar problems while I collected data  from Police websites. I think webmasters and persons responsible for running the government websites should be more scrupulous.

Now get back to the import data. To obviate the troubles in analysis, I depended on the most recent annual report and for data on earlier fiscal years (i.e.FY2008, FY 2009) I trusted the annual report for 2013-14.

Our import is composed of many items. Among them food grains, edible oil, POL,chemicals, fertilizer, plastic, raw cotton, yarn, textiles, iron & steel, capital machinery and other items constitute the biggest part of  import spending. Others( other items) alone turns out to be the the biggest contributor to import spending, followed by textiles, capital machinery, iron and steel, POL and raw cotton. For instance, provisional estimates of 2018 shows that we spent $6.8 billions on textiles, $5.46 billion on capital machinery, $4.83 billion on iron,$3.65 billion on POL, $3.25 billion on raw cotton and $ 15.88 billion on other items.And our import spending on textiles, capital machinery, iron and steel , yarn and raw cotton has been increasing for many years. Many of these items are used as ingredients of manufactured goods and used in setting factories or implementing development and investment projects.

On the other hand , decomposition of our export items reveals that woven garments, knitwear, home textile , footwear and jute goods fetch more foreign currency for our economy. For instance in 2018, woven garments brought $15.43, knitwear, fetched $15.19, home textile earned $878.68 million , footwear accounted for $809.69 million and jute goods brought $869.87 million. Woven garments, knitwear and footwear registered consistent growth over the years. It is highly compatible with our growing external sector. Projection made by Bangladesh Bank shows that both export and import will continue to grow in the coming years.

Global Financial Integrity in its report on illicit financial flows claimed that between 2004 and 2013, a total of $55 billion was laundered abroad from Bangladesh. In January this year, in its new report GIF claimed that in 2014 $9 billion was drained out of Bangladesh. Moreover, in 2015 at least $5.9 billion was laundered abroad. Now many of the illicit transactions had taken place through trade misinvoicing, as reported by GFI. In export bill, export earnings are reported less than the true amount. In import bill, import spending is reported more than what it actually is. In addition, fake documents are created to do import and export by trading nothing or trading goods that value less or more than the true reported goods.

So the more our external sector grows, the more our hard earned currency launders abroad. According to GFI, gross trade misinvoicing in the period between 2004-2013 was $92.02 billion, of which $49.13 billion was trade misinvoicing outflows and $42.89 billion was trade misinvoicing inflows that means Bangladesh also witnessed illicit inflows of capital in the above mentioned period. If we break trade misinvoicing  outflows further, we will see over invoicing of import bills accounts for $18.21 billion of the total outflows and under invoicing of export bills accounts for $30.92 billion of the total outflows. To be more precise, in the given period we loss on average $1.8 billion due to over invoicing import bills and $3 billion due to under invoicing export bills every year. In light of this  we can say export sector is more responsible for illicit financial outflows than the import sector.

This thing is happening when we are having a current account deficit. We need to export more, import less and get more remittances in order to improve the current account situation. Government put forward lots of cash incentive packages to increase remittances and augment the export. Many economists opposed the move and pressed for depreciation of Tk. To them, it will augment the export, remittances and at the same time it will restraint the import.

Just bring  the illicit financial flow into play. In this case any initiative to boost export has a caveat: chances of illegal capital flight have also gone up as per our earlier discussions. But the idea of depreciation of Taka instead of cash incentive appears to be reasonable here. By slowing down import for some period it will curb the clandestine capital flight associated with over invoicing of import bill. At the same time it will increase the risk of capital outflow through under invoicing of export bill. If the former outweighs the latter then we can say that this depreciation measure will be boon for the external sector. Another note of caution is that slow import  will also stall the clandestine capital inflow through under invoicing of import bill, which was $42.9 in the given period. So curbing the money laundering and improvement of current account deficit put our policy makers in quandary.

Money laundering has been taking place for a long period of time. In a corrupt country these bad practices are deeply rooted in our society.We would  stem the trade misinvoicing if we were able to device the means. Since we do not have that mechanism, depreciation of Taka appears to be an acceptable solution right now to improve the current account situation.


Thursday, May 23, 2019

La Semaine Dernière A Mes Yeux



(17 mai --- 24 mai)

Selon un reportage, le gouvernement a caché le sondage sur la mortalité maternelle. L’étude a été faite par le ministère de la santé.  D’après le sondage, le taux de la mortalité maternelle a augmenté un peu en 2016, 196 par 100.000 personnes. En 2016, c’était 194. Les trouvailles ont été publiées dans le site de minisère. Mais elles ont été retirées quelques jours plus tard.

Selon une chronique, le gouvernement a aussi caché les trouvailles d’un sondage fait par Bangladesh Bureau of Statistics. Dáprès le sondage, le revenu a baissé par 2% et la consumption a baissé par 1 %.

Selon un reportage, Bangladesh Road Transport Authority s’est dit quíl y a 39 millions véhicules dont plus de 2,5 millions moto. Mais seulement 1,5 millions  conducteurs de moto possèdent le permis de conduire.

Selon un reportage, le ministère de l’intérieur a alerté tous les ambassades bangladais à l’étranger de ne pas donner permis de voyage aux djihadistes de Daech. Le plupart ne disposent pas de passeport. Donc, il se peut quíls puissent demander  permis de voyage à l’ambassade de Bangladesh pour retourner. Selon un autre reportage, 9 terroristes bangladais dont un recruteur se sont rendus à Kurdistan Counter Terrorism Group. 

Selon un reportage, 15 Bangladais secourus au large de Tunisie sont revenus au Bangladesh. Dans l'interview accordée à la presse , ils ont accusé les escrocs et l’agence de voyage,situé à Sylhet, pour la tragédie.

Selon un reportage, achat des meubles et oreiller, vaut Tk 1,46 billions, pour les appartements d'ouvrier de la centrale nucléaire à Rooppur a causé polémique dans tout le pays. Tsar de anticorruption Transparency International Bangladesh a mis en question cet achat.