Source link : https://news7.asia/news/in-bangladesh-the-sheikh-hasina-regime-where-corruption-and-oligarchy-prospered-is-accused-of-having-looted-the-economy/

Near a vandalized wall painting of the former Prime Minister of Bangladesh, Sheikh Hasina, ousted in August 2024, during a gathering of students claiming accounts and a trial against her, near the University of Dacca, August 12, 2024. Luis Tato / AFP the sums diverted over the years under the regime of the fallen Prime Minister of Bangladesh Sheikh Hasina are colossal. Members of the Government, but also some of the country’s most prosperous businessmen, would have granted considerable illegal commissions on infrastructure projects. They also stole money directly with banks, in what some qualify as greater banking robbery in history. Sheikh Hasina, who came to power in 2009, led the country for more than fifteen years, before being overthrown on August 5, 2024 by a student mass movement. Criticized for its autocratic drift, it was nevertheless credited with having boosted the country’s growth of more than 170 million inhabitants. But the student movement which precipitated the fall of the “iron blunder” was born in reaction to young people unemployment and has grown on the background of generalized economic distress. From now on, the idea of ​​an “economic miracle” Bangladais is seriously questioned. According to a white paper on the state of the economy, commanded by the interim government of Muhammad Yunus and published in December 2024, some 234 billion dollars (222.7 billion euros) of public funds were diverted during the last fifteen years. Or nearly $ 16 billion a year. The infrastructure megaprojects driven by the government of Sheikh Hasina were gangrenous by corruption, the report said. You have 74.76% of this article to read. The rest is reserved for subscribers.

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Author : News7

Publish date : 2025-02-25 20:59:19

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