To install StudyMoose App tap and then “Add to Home Screen”
Save to my list
Remove from my list
Shadman KhanRoll: 19141002Lecturer Nurul IslamFunctional English-110507 April 2019Corruption in Bangladesh Corruption is a disease that rots a country's economic and social condition from the very within. One thing corruption always brings is instability. Unfortunately corruption is a problem that every country faces, but some face it more planning and accuracy and some countries just miserably fail to handle such socio-economic problem. Corruption always finds a way to dominate such countries economic activities and as a result society faces many problems like inequality, unemployment etc.
Corruption creates unreliability among citizens for the government and due to this government is regarded as a protector of corruption rather than the eradicator. But is the government only responsible for corruptions growth in a country? No, but they are held responsible for such activities. Corruption hampers the development of a country massively. Only way to eradicate this problem is transparency but nowadays it's hard to come by. We all know that Bangladesh is a developing country but are we developing? That's the main question isn't it? According to Transparency International's Corruption Perceptions Index (CPI) Bangladesh is placed 143rd.
Verified writer
Proficient in: English Language
4.7 (348)
“ Amazing as always, gave her a week to finish a big assignment and came through way ahead of time. ”
To simplify we are the 17th most corrupted country out of 180. As previously stated corruption hampers development so being 17th corrupted country of the world how are we developing? Answer is very easy and that is we are not developing at the rate we should. We still have a long road cross to become a developed country but if we don't handle our corruption problem we will never be able to become a role model of development that we so highly seek.
Corruption is present at all the sectors of our country and deriving it will take a lot of hard work and dedication from the people who can make a difference. But what if the people who can make a difference are corrupt; for that we have Anti-Corruption Commission but is it the most effective way to combat corruption? No, it's not because unless we all aware about the unjust that is transpiring around us no one can make a difference.Cases of Corruption: 1. Hallmark-Sonali Bank Loan Scam: Hallmark-Sonali Bank Loan Scam was a scam perpetrated by the largest State Owned Commercial Bank (SOCB) of Bangladesh, Sonali Bank by giving a loan of BD Taka 3400 crore (almost USD 454 million using scam documents between 2010 and 2012.The loan scam occurred when one branch of Sonali Bank illegally gave out $454 million in loans, including nearly $344 million to Hallmark Group, a textile business. Tanvir Mahmud, Hallmark's managing director, connived with a branch manager to issue fraudulent letters of credit to fictitious companies.2.2011 Bangladesh Share Market Scam: The 2010-11 Bangladesh share market scam was a period of instability stock market from 2009 to 2011; the turmoil was in the two Bangladeshi stock exchanges, DSE and CSE. The market went up 62% in 2009, and 83% in 2010, but then went down 10% in January 2011, and a further 30% in February 2011.The crash is deemed to be a scam and exacerbated due to government failure.3. Padma Bridge Graft Scandal: The Padma Bridge graft scandal was a political scandal in Bangladesh during 2016 and 2017, involving the Bangladesh Awami League and the Padma Bridge. Legal action was taken in Canada, and the case went to court. Allegations asserted that Canadian construction company SNC-Lavalin bribed a Bangladeshi official in exchange for a construction contract. The corruption allegations were subsequently found to be false and without merit and the Canadian Court dismissed the case.As a result of the allegations, The World Bank pulled out of a project to build Bangladesh's largest bridge. They cited corruption concerns when they canceled $1.2 billion (Ј764 million) of credit. The bridge is a 6.51 kilometer (four mile) road”rail bridge that crosses the Padma River.4. Barapukuria Coal Scam:Barapukuria coal scam is a sensational corruption scandal of Bangladesh concerning the misappropriation of around 142 hundred thousand tons of coal, worth over BDT 227 billion by officials of Barapukuria Coal Mining Company Limited (BCMCL) from the coal mine of Barapukuria of Dinajpur, a northern district of Bangladesh.The scandal was revealed in July 2018 when a board member of Bangladesh Power Development Board went to visit the coal mine and found no fresh coal whereas according to the document there should have been around 142 hundred thousand tons of coal reserved. The matter came in light when a Bangladeshi English-language daily reported the incident.Petrobangla, the parent organization of the BCMCL, promptly suspended a few officials in this connection while the Anti-Corruption Commission started an inquiry to trace the corruption. Barapukuria's coal-fired power plant suspended its operation due to the shortage of coal as an immediate effect of this corruption.These cases are very high profile and so these have lots of rumors and hidden truths added to them. There are many cases like these which are both known and unknown to us and such is the gravity of corruption in this country. We can never truly understand the depths of corruption in this country.Psychology behind Corruption:What truly drives a person to commit corruption? Is it the money, is it the power or is it just a habit? Maybe it's all of these and more but only the person committing the crime can tell you the reason behind it. Power does not corrupt. Fear corrupts... perhaps the fear of a loss of power.- John Steinbeck. This line states that power if you had the taste of it will sometimes work as an incentive for you to be a part of corruption and that will always be present in you even if you don't require money. By this line we can assume that sometimes corruption takes place without any valid reason, it takes place only because the man who wields the power does it just as a habit. Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you.- Friedrich Nietzsche. Another famous quote and this one is more interesting because it's stating that sometimes the one who is fighting corruption can sometimes become a part of corruption. The reason could be money or other material objects or something else. This quote makes us question our anti-corruption commission because they are supposed to be fighting corruption not join them and if this quote is any true then anti-corruption commission can become the biggest ally of corruption. Let's hope it doesn't happen. Sometimes people who are honest can become dishonest persons because sometimes their honesty can become their curse and in the perspective of our country it can be true. These people have to become a part of this problem because they don't have much of a choice but it's not entirely true because you always have a choice but for that you have to look for it. Being a part of corruption means whatever your reason is behind doing this doesn't make you a less of a criminal. Whoever for whatever reason is a part of corruption is and always will be a criminal in the eye of law and people.Solving the Curse:Corruption is such a disease that cannot be cured overnight, to solve this problem we need to have patience and courage. Patience will be required because a problem of such magnitude cannot be solved quickly and courage will be required because strong actions need to be performed against powerful corrupt persons. The road will be difficult but result will be a developed Bangladesh which is risk worth taking. First of all we need make sure that law punishes all that take or demand bribe and those who give it. Secondly every government employee has to be accountable for their action and higher authority has to be strong willed in making sure that it happens. Moreover citizen's needs to identify the corrupt government employees and make sure that the authority are informed about such illegal activities. Our anti-corruption commission needs to have the authority and the right personals to take action against the most powerful corrupted persons. Our government has to establish law and order and keep the police from becoming a social menace. Most importantly we need to set an example for our next generation that corruption will never be tolerated in our country. We all need to grow a conscious and truly love our country then we will be able achieve our dream of becoming a nation of true value and development. When we become a part of government we instantly become a servant of our nation and its people and it's an honor worth keeping. From the biggest post to the lowest we all serve the same purpose that is to contribute in the development progress of our nation. If we betray this sacred purpose we have betrayed our motherland and we have lost our honor and that is a stain that we can never remove. We need to respect our profession and our nation that's the only way we can truly be rich. We all should remember that we earned our independence to build a great future for our country not tarnish its reputation.Work Cited1. Allchin, Joseph (2016-04-11). "Bangladesh's Other Banking Scam". The New York Times. ISSN 0362-4331. Retrieved 2017-01-27.2. Beyond Good and Evil (1886), Aphorism 1463. "Canada court finds no proof of Padma bridge bribery conspiracy". The Daily Star. 11 February 2017. Retrieved 7 February 2019.4. Chowdhury, Syed Tashfin (12 October 2011). "Bangladesh starts market rescue fund". Asia Times Online. Retrieved 18 October 2011.5. Hallmark chairman violates bail condition but enjoys free life | Daily sun. Www.daily sun.com. Retrieved 2017-01-27.6. "From cancer to pimple". The Economist. 2014-04-19. ISSN 0013-0613. Retrieved 2017-01-287. "Five state-owned banks in poor condition". Prothom Alo. Retrieved 2017-01-28.8. The Short Reign of Pippin IV". Book by John Steinbeck, p. 102, 19579. "Top B'deshi panel to probe stock market debacle as shares rise". IBN Live. 25 January 2011. Archived from the original on 26 January 2013. Retrieved 18 October 2011.10. "World Bank cancels Bangladesh bridge loan over corruption". BBC News. 30 June 2012. Retrieved 31 December 2016.
Corruption in Bangladesh: A Growing Concern. (2019, Aug 20). Retrieved from https://studymoose.com/shadman-khanroll-19141002lecturer-nurul-islamfunctional-english110507-april-2019corruption-in-bangladesh-corruption-is-a-essay
👋 Hi! I’m your smart assistant Amy!
Don’t know where to start? Type your requirements and I’ll connect you to an academic expert within 3 minutes.
get help with your assignment
