Wednesday, 19 June, 2019, 3:11 AM
England beat Afghanistan by 150 runs
Home Back Page

Proposed Budget

TIB slams option to whiten black money

Published : Saturday, 15 June, 2019 at 12:00 AM  Count : 718

Staff Correspondent
The Transparency International Bangladesh (TIB) criticised the proposed budget for keeping windows to whiten black money, calling it "unconstitutional".
"Buying flats, land procurement and investing in economic zones and high-tech parks with black money is like legalising corruption for the next five years," TIB Executive Director Iftekharuzzaman said in a statement on Friday.
TIB noted that the move contradicts the zero-tolerance policy against corruption declared by the Prime Minister.
Iftekharuzzaman dubbed the initiative "unconstitutional, unethical, and discriminatory".
Finance Minister AHM Mustafa Kamal placed a Tk 5,23,190 crore budget, the biggest-ever in Bangladesh's history, for the next fiscal on Thursday. TIB, however, appreciated the budget for expanding area of social security.



« PreviousNext »



Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone :9586651-58. Online: 9513959, Advertisement: 9513663
E-mail: info@dailyobserverbd.com, online@dailyobserverbd.com, news@dailyobserverbd.com, advertisement@dailyobserverbd.com,   [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft