Bangladesh launches $5bn graft probe into Sheikh Hasina’s family

Bangladesh had launched an inquiry into allegations that Sheikh Hasina and family members had ‘embezzled $5 billion’ from the Rooppur plant via ‘various offshore bank accounts in Malaysia.’ (AFP)
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Updated 23 December 2024
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Bangladesh launches $5bn graft probe into Sheikh Hasina’s family

  • Sheikh Hasina fled to India after being toppled by a revolution in August
  • Key allegations are connected to the funding of the $12.65 billion Rooppur nuclear plant

DHAKA: Bangladesh has launched a probe into the alleged $5 billion embezzlement connected to a Russian-backed nuclear power plant by ousted leader Sheikh Hasina and her family, the anti-corruption commission said Monday.
Along with Hasina, the now-former prime minister who fled to India after being toppled by a revolution in August, those subject to the inquiry include her son, Sajeeb Wazed Joy, and niece, Tulip Siddiq, a British lawmaker and government minister.
The allegations were raised by a writ seeking an investigation filed in the high court by Hasina’s political opponent, Bobby Hajjaj, chairman of the Nationalist Democratic Movement party.
“We seek justice through our court,” Hajjaj said on Monday.
Key allegations are connected to the funding of the $12.65 billion Rooppur nuclear plant, the South Asian country’s first, which is bankrolled by Moscow with a 90 percent loan.
A statement Monday from the commission said it had launched an inquiry into allegations that Hasina and family members had “embezzled $5 billion” from the Rooppur plant via “various offshore bank accounts in Malaysia.”
It said its investigations were examining “questionable procurement practices related to the overpriced construction” of the plant.
“The claims of kickbacks, mismanagement, money laundering, and potential abuse of power raise significant concerns about the integrity of the project and the use of public funds,” the commission said.
Graft allegations also include theft from a government building scheme for the homeless.
Hasina, 77, fled by helicopter on August 5 into exile in India, infuriating many Bangladeshis determined that she face trial for alleged “mass murder.”
It was not possible to contact Hasina for comment.
Siddiq has “denied any involvement in the claims” accusing her of involvement in embezzlement, according to a statement from the British prime minister’s office.
Joy, who is understood to be based in the United States, was also unavailable for comment.


South Africa defends naval drills with Iran, Russia as ‘essential’

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South Africa defends naval drills with Iran, Russia as ‘essential’

  • The drills — led by China — were more than a military exercise, Captain Thamaha said
  • “It is a demonstration of our collective resolve to work together“

SIMON’S TOWN, South Africa: South Africa on Saturday began naval drills with Russia, Iran and China, describing the maneuvers off its coast as not merely a show of force but a vital response to rising maritime tensions.
The weeklong ‘Will for Peace 2026’ exercises come just days after the United States seized a Russian-flagged oil tanker in the North Atlantic, saying it carried crude bound for Venezuela, Russia and Iran in violation of Western sanctions.
The seizure followed an American raid that toppled Moscow’s ally Nicolas Maduro in Caracas.
The drills — led by China — were more than a military exercise and a statement of intent among the BRICS group of emerging nations, Captain Nndwakhulu Thomas Thamaha, South Africa’s joint taskforce commander, told the opening Ceremony.
“It is a demonstration of our collective resolve to work together,” he said.
BRICS, originally made up of Brazil, Russia, India, China and South Africa, has expanded to include Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates and, more recently, Indonesia.
China and Iran deployed destroyer warships, while Russia and the United Arab Emirates sent corvette vessels. Host South Africa dispatched a frigate.
Indonesia, Ethiopia and Brazil joined as observers.
“In an increasingly complex maritime environment, cooperation such as this is not an option, it is essential,” said Thamaha.
The exercises were to “ensure the safety of shipping lanes and maritime economic activities,” he said.
Previously known as Exercise Mosi, the drills were initially scheduled for last November but postponed due to a clash with the G20 summit in Johannesburg, boycotted by the United States.
Washington has accused South Africa and the BRICS bloc of ‘anti?American’ policies and warned members they could face an additional 10 percent tariff on top of existing duties already applied worldwide.
South Africa has also drawn US criticism for its close ties with Russia and a range of other policies, including its decision to bring a genocide case against Washington ally Israel at the International Court of Justice over the Gaza war.
South Africa drew criticism for hosting naval drills with Russia and China in 2023, coinciding with the first anniversary of Moscow’s invasion of Ukraine.
The three nations first conducted joint naval drills in 2019.