Industry

AIIB delegation exchanges views with ACC

DHAKA- A three-member delegation of Asian Infrastructure Investment Bank (AIIB) today exchanged views with the Anti-Corruption Commission (ACC) of Bangladesh about the way out to ensure transparency and accountability of the ongoing projects financed by the bank.

The AIIB's delegation led by its Director General (DG) of Compliance, Effectiveness and Integrity Unit, Hamid Sharif called on ACC Chairman Iqbal Mahmood at the commission's headquarters at Segunbagicha here, said an official release.

Nine projects of the bank comprising 57 countries are now going on in six countries. The AIIB has started a three-year project worth 262.29 million US dollars in Bangladesh Power Division, Rural Electrification Board and Dhaka Electric Supply Company Limited (DESCO) from July 2016.

ACC chairman Iqbal Mahmood said they have mandate of taking prior action to stop corruption and the commission will bring those to book who will be found involved in corruption in AIIB project.

Among others, ACC Commissioners Aminul Islam, Secretary Abu Md Mostofa Kamal, Director General (DG) Md Maidul Islam, and Mohammad Muneer Chowdhury were present during the view-exchange.

Source: Bangladesh Sangbad Sangstha (BSS)