World Bank’s evidence not credible: Muhith

WB’s ‘credible evidence’ not acceptable to us: Muhith

Finance Minister AMA Muhith said on Sunday the ‘credible evidence’ that the World Bank has cited is not “acceptable to us because they (the Bank) would not disclose the names of the persons they have talked to”.

Click here to read the government statement on Padma Bridge project.

He termed the World Bank statement cancelling loan for Padma bridge project as unexpected and mysterious and said Bangladesh will wait for a review of the decision.

“We believe that the World Bank should review its decision. Our executive director has been continuing talks in this regard. We will wait for their review,” the minister said in a press conference, a day after the WB cancelled its $1.2 billion credit for the Padma bridge project.

The world monetary leader canalled the loan on Saturday saying it has proof of corruption conspiracy involving Bangladeshi officials, executives of a Canadian firm and individuals.