TIB urges govt to withdraw scope for whitening black money

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Staff Reporter :
Transparency International Bangladesh (TIB) on Friday urged the government to withdraw the initiative of whitening of black money in the proposed national budget for the financial year (FY) 2020-21.
Terming it as “a graft-supportive, discriminatory and unconstitutional step”, the Bangladesh chapter of the Berlin-based
organization expressed concern to this end.
The agency also expressed disappointment over the lack of strong measures in the budget to ensure good governance in the health sector, which has been plagued by long-term irregularities and corruption.
TIB pointed out that ignoring the anti-corruption pledges and all existing laws in the name of post-corona economic recovery, two new sections have been added to the Income-tax Ordinance for the proposed budget to buy land, buildings, flats and apartments, cash, bank deposits, savings, shares and bonds, and thus unrestricted opportunities have been created.

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