Japan may suspend loan for Matarbari project over corruption allegation30 May 2025 18:13
This is not a good look while you’re in the host country looking for more loans 🙄
The Matarbari power plant project is not yet complete. However, the first unit began commercial production on 18 December, 2023, and the second unit on 28 August, 2024. The full project is expected to be completed by December 2026.
Former ERD Secretary Kazi Shofiqul Azam told Prothom Alo that when corruption occurs in a project, it’s important to assess whether the government is taking action. If the government fails to act, then foreign donors may suspend loans. However, since the government itself has filed a case in this instance, he believes the chance of loan cancellation is lower.
https://en.prothomalo.com/bangladesh/987yvvofo9