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Tuesday, August 30, 2005

Polls financing major source of graft: WB

World Bank (WB) Country Director Christine I Wallich yesterday said election financing is a major source of corruption, which has retarded the country's infrastructure development, investment climate, and ultimately the development process. "The cost of getting elected in Bangladesh is said to be among the highest in the world," she said addressing a two-day workshop on infrastructure in the city adding that Tk 200 billion were said to be spent by the parties in the elections. She urged the Election Commission (EC) to implement rigorously and relentlessly the recent High Court directive to gather information regarding the candidates' income, assets and liabilities.

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