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Thursday, January 19, 2017
Monday, July 7, 2008

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I strongly appreciate the words of the TIB Trustee Board Chairman. He pointed at the level of corruption in the NGOs in Bangladesh. It is true and can be found easily among the top ranked NGOs of Bangladesh. Some of them are making the poor community poorer in the name of development of their (beneficiaries) livelihoods by administering a high interest rate on loans/the so called micro-credit. The neo literate and illiterate people, especially the rural women, are being targeted and any inability in paying back the loans results in their assets being seized. There have been many signs of such narrow trades in the NGO sector, but it is impossible to stop or treat the top level NGOs with the same effect of anti-corruption law in Bangladesh. Because holding them under a chart of corruption would create a problem within the investment sector of Bangladesh, since NGOs have a huge presence and range in the development sector.

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