The swelling Swiss bank accounts

The alarming growth of corruption in the country can easily be assessed when we see  deposits of Bangladeshi citizens in the Swiss banks rising by a staggering 62 per cent while much more wealth has been moved to countries like the UAE, Canada and Malaysia.
It is interesting that while the deposits of other countries decreased significantly in the Swiss banks, Bangladeshi depositors have made a big jump there. The report will surely damage the image of the country and lend credence to the allegation of widespread corruption in the country.
The grand alliance had promised, before coming to power that it would reduce corruption and ensure voting rights of the common people. But in the absence of an effective and strong administration, corrupt people are having good days in the country.
How foreign currencies in huge chunks could be laundered is now a big question. The Bangladesh Bank must make a thorough investigation as how these huge amounts of money have been moved abroad and names of those people should be made public. We hope the government will publish a white paper on the issue.
 
Sajjad Hossain
Guslahan, Dhaka