Bangladesh Investigates Alleged US$5 Billion Embezzlement at Russian-Backed Nuclear Plant

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Bangladesh Investigates Alleged US$5 Billion Embezzlement at Russian-Backed Nuclear Plant
BangladeshSheikh HasinaEmbezzlement
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Bangladesh's anti-corruption commission has launched an investigation into allegations of embezzlement involving ousted Prime Minister Sheikh Hasina and her family. The probe centers around the US$12.65 billion Rooppur nuclear power plant, funded primarily by a Russian loan.

Bangladesh has launched a probe into the alleged US$5 billion embezzlement connected to a Russian-backed nuclear power plant by ousted leader Sheikh Hasina and her family, the anti-corruption commission said Monday. Along with Hasina, the now-former prime minister who fled to India after being toppled by a revolution in August, those subject to the inquiry include her son, Sajeeb Wazed Joy, and niece, Tulip Siddiq, a British lawmaker and government minister.

The allegations were raised by a writ seeking an investigation filed in the high court by Hasina’s political opponent, Bobby Hajjaj, chairman of the Nationalist Democratic Movement party.Key allegations are connected to the funding of the US$12.65 billion Rooppur nuclear plant, the South Asian country’s first, which is bankrolled by Moscow with a 90 per cent loan. A statement Monday from the commission said it had launched an inquiry into allegations that Hasina and family members had “embezzled US$5 billion” from the Rooppur plant via “various offshore bank accounts in Malaysia”. It said its investigations were examining “questionable procurement practices related to the overpriced construction” of the plant

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Bangladesh Sheikh Hasina Embezzlement Nuclear Power Plant Corruption Investigation

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