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Bangladesh
Bangladesh charges ex-PM Hasina in oil firm case
2008-05-08
Bangladesh's army-backed interim government formally charged former prime minister Sheikh Hasina for graft in a case involving the Canadian oil exploration firm Niko Resources Ltd, officials said on Wednesday. On Monday, authorities brought similar charges against another prime minister, Begum Khaleda Zia, for her dealings with the Canadian firm during her term in office.

"Both the former prime ministers along with their cohorts will be tried separately," an Anti Corruption Commission (ACC) official told reporters.

The anti-corruption body said Hasina's government permitted the oil firm to operate in the country without transparent deeds, and caused losses worth millions of dollars.

It said Khaleda's subsequent government did not address the issue of lack of transparency in the deal and also failed to recover millions of dollars in compensation for environmental damage caused by fire at a drilling site in northeastern Bangladesh in 2005.

Niko representatives in Dhaka were not immediately available for comment.

In December a company official told Reuters that the firm had not operated unethically in Bangladesh. The official also said the firm had not been contacted by the Bangladesh authorities after the charges were laid. The trials will start soon.

Hasina and Khaleda have been detained since last year in a campaign launched by the administration to fight corruption before elections later this year Hasina was prime minister between 1996-2001, while Khaleda ended her five-year term in 2006.
Posted by:Fred

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