Wednesday, July 25, 2012

No more graft in Padma project, assures Finance Minister AMA Muhith


BANGLADESH NEWS

Finance Minister AMA Muhith on Wednesday assured that there would be no corruption in future in constructing the Padma bridge project.

The minister also revealed that the construction work of the bridge will begin by this year, Muhith said in a writer statement at his Secretariat office.

The minister was also hopeful that the World Bank (WB) will release the fund for Padma bridge as two conditions set by the WB have been fulfilled.

"I hope the World Bank will reconsider it's decision regarding the fund," the minister said.

The WB cancelled its $1.2 billion credit for the Padma bridge project on June 29, saying it had proof of a corruption conspiracy involving Bangladeshi officials, executives of a Canadian firm and private individuals.

As per the conditions of the WB, former communications minister Syed Abul Hossain resigned from the cabinet and the Anti-Corruption Commission has already formed an investigation committee to investigate into the matter of Padma bridge corruption.

The initial steps of Padma bridge construction have already been started, he said.

The copy of the statement was circulated among journalists.

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