Financial Crime World

Transparency International Report: Assessing Bangladesh’s Progress on Anti-Corruption Efforts

Introduction

This report from Transparency International, a non-governmental organization that monitors corruption and promotes transparency around the world, assesses Bangladesh’s progress in implementing the United Nations Convention Against Corruption (UNCAC). The UNCAC aims to prevent and combat corruption globally.

Bangladesh has made notable strides in creating a legal framework against corruption. Key points include:

  • Establishment of Anti-Corruption Laws: Bangladesh has enacted laws on public procurement, asset declaration, and whistleblower protection.
  • Institutional Development: The government has established institutions like the Anti-Corruption Commission (ACC) and the Financial Reporting Council (FRC).
  • International Cooperation: The country is part of international organizations such as the Egmont Group to combat money laundering.

Challenges: Overcoming Obstacles

Despite progress, corruption remains a significant challenge. Key challenges include:

  • Political Influence on ACC Operations: Political interference and bureaucratic obstacles hinder the effectiveness of the ACC.
  • Whistleblower Protection Laws: These laws are not effectively implemented, leaving whistleblowers vulnerable.
  • Public Procurement Processes: Lack of transparency and accountability in public procurement processes continues to be a challenge.
  • Civil Society Participation: Bureaucratic obstacles and lengthy approval procedures restrict civil society participation.

Recommendations for Improvement

To enhance Bangladesh’s anti-corruption efforts, Transparency International recommends:

  1. Ensuring ACC Independence: Guaranteeing the independence of the ACC to operate freely.
  2. Amending Laws: Enhancing the ACC’s jurisdiction through amendments to existing laws.
  3. Separating Judiciary and Executive: Separating the judiciary from executive influence.
  4. Creating Public Prosecutor Cadre Service: Establishing a dedicated service for public prosecutors.
  5. Strengthening Legal Capacity: Enhancing legal capacity for integrity in public procurement.
  6. Establishing Offices of Ombudsman: Creating offices at national and sectoral levels to promote accountability.
  7. Enhancing Transparency and Accountability in Financial Management: Strengthening transparency and accountability in financial management processes.

Conclusion

The report highlights that while Bangladesh has made progress in creating a legal framework for anti-corruption, there is still much work to be done to effectively implement these laws and institutions. Addressing the challenges and implementing the recommended measures will be crucial for further improving Bangladesh’s anti-corruption efforts.