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Public Reaction
WB scraps Padma loan
It is a matter of great shame for a country that had earned independence at the cost of 3 million martyrs. It is also very painful that the party, which was the pioneer of liberation war, has brought this for the country. A bleak future for the nation!
S.U. Ahmed
On Finance Minister's statement, "It's Zoellick's statement, not WB's"
Minister please don't make arbitrary statements, you are the Finance Minister. You can always summon the WB Resident Rep. and ask whose position is this.
AKS
Minister, this is not a Bangladesh institution where you think that these are personal statements from a chief. The way your party chief and leaders release your statements without much thoughts, note that WB does not fall in that category.
Nasirullah Mridha, USA
Economists fear negative impact
The cancellation of Padma Project might have been influenced by the donor's policies.
Saleh Md Shahriar
This is shame for the whole nation. Corrupt people involved in this incident should be punished and the government should ensure it.
Kamal Mozumder
Probe to go on despite WB decision
Says ACC chief
The ACC Chairman should know that the agency had its chance before to conduct a credible investigation and it failed. Nobody is interested in the ACC's investigation
now. That window of opportunity has been closed. Robin
WB decision on Padma loan worries civil society
It is worth analysing why the WB announced its decision at a time when a Canadian investigation team was visiting the country, and when the government received a financing offer for the mega project from the Malaysian government.
In fact, we, the common people, had been kept in the dark regarding the internal dynamics of the issues between Dhaka and the WB throughout the entire episode.
We have seen WB submitting its findings to the government which vehemently contradicted the contents of those reports, but neither the government nor the WB had offered any details of the issues based on which the general public could draw a picture of the problematic scenario.
If it were as simple as corruption then why did the US Secretary of State, Hillary Clinton, during her visit to Dhaka, offer US mediation on the issues that the Bangladesh government and WB were going through? The government and the WB should let the people know about the troubling aspects of their relationship concerning this vital infrastructure project for the country. Investigation into any allegation of fraudulence and implementation of the Padma Bridge project could have run in parallel. Both are in the interest of the country and its people.
Abu Rayhan
News Analysis by Inam Ahmed Pride lost, and to be gained
It has been firmly proved that the AL government has lost all its credibility to implement a high profile project transparently. We can't understand how and why such a big national interest has been mutilated just to save some corrupt persons. It will take a long time to reverse
the donors' confidence on us.
S.U. Ahmed
WB is not known for perfection. But in this case, the real problem started from the White House which has sent out many high level officials urging the government not to retire Dr. Yunus from the Grameen Bank. When the Bangladesh government did not comply, it instructed its Executive Director at the WB to teach a lesson to the Bangladesh government.
Kamal Ahmed
The outcome and the whole cascading episodes showed how inept, out of touch, and simply incompetent this AL government has been in dealing with international body such as WB in all respects starting from relationship maintenance, diplomacy, communication, crisis management, etc.
The same incompetence and reckless behaviour has been shown in the Grameen Bank episode. The question is who are these people running the country that is bringing so much damage to our reputation, stature and credits in international arena?
Roni Rahman
The government seems too confident about transparency of the project. The findings of the corruption case should be publicised and the government should fight legally to get the fund back.
MH Uddin
Government officials should now make all efforts to recover the nation's image. If they fail in this, they should resign so that people can realise appropriate judgements to the corrupts and restore BD's deserving position in the world.
Humayun Kabir, PhD, PE
Make all WB documents public and let the people judge. Ahmed Badruzzaman
Who are the powerful people involved in this conspiracy? Are they so powerful that the government is ready to sacrifice national interest to save them? We agree that all documents related to this should be made public!
Sabrina
The analyst wants to believe that the GoB is innocent and that pride lost can be regained. Really? Had the accusations been baseless, GoB would not have dillydallied to initiate a credible inquiry. One must not forget that there were two parties in this muck up and the other party SNC Lavalin is already in the dock in Canada. Their CEO was forced out and two of its employees stand charged in a court of law. The way GoB has ignored the WB accusations and has failed to take action against the accused raises a very pertinent question: Do only the minister, secretary and the project director bear responsibility or does it go higher?
Khalid Hasan
What World Bank has termed as corruption our government does not term it so. It is a question of degree not of quantity. In our society a lot of corruption takes place off and on but nobody bothers until it is proved with sufficient proof and evidence. It is evident to ask for a bribe is a corruption in the eye of World Bank but we do not recognise it a crime until it is pocketed and proved with evidence.
M. K.Alam
We are aware of the role of the World Bank in developing countries. Bangladesh is a sovereign country and no one should dictate such terms which infringes the law of the land. World Bank must come out to explain as to what it meant by corruption conspiracy. It clearly indicates that corruption has not taken place but there was an alleged conspiracy. World Bank is not full of sages and how can we be sure that some of them have no ulterior motive in bringing such an allegation?
Hafeejul Alam