Bangladesh Reports $16 Billion Annual Loss During Hasina’s Rule

A committee led by economist Debapriya Bhattacharya estimates $16 billion was illicitly siphoned annually during Sheikh Hasina’s 15-year rule. The white paper, submitted to interim leader Muhammad Yunus, details inflated project costs and crony capitalism. Yunus condemned the open looting, while Bhattacharya highlighted the rise of oligarchs who controlled policy framing in Bangladesh.