Bhadro 20, 1421 Zilqad 8, 1435 Regd No DA 6238 Vol 2, No 153
THURSDAY, SEPTEMBER 4, 2014 | www.dhakatribune.com | SECOND EDITION
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TMAG
7 | JURIES
11 | OP-ED
14 | SPORT
A LETTER SHORT OF DANGER
LEGAL BASIS FOR SEEKING REFUGEE STATUS
DON’T KEEP US A SECRET
NEW-LOOK SPAIN SET FOR TEST AGAINST FRANCE
RMG blues give rise to alarming unemployment Since Rana Plaza collapse last year, 209 RMG factories were closed n Ibrahim Hossain Ovi The number of jobless garment workers is on an alarming rise as the RMG factories are being shut day by day since the collapse of Rana Plaza building that brought bane to the RMG sector. Lack of enough work orders, non-compliance with the rules, labor unrest, exit from business and factory relocations are attributed to the closure of the factories.
‘Lack of enough work orders, shared building, non-compliance issues, workers’ unrest were behind the closures’ According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) latest data, since the Rana Plaza collapse last year, a total of 209 RMG factories were closed for the aforesaid reason. Of the total units, 56% or 118 factories were subcontractors, while 45.45% or 95 were housed in shared buildings. At least 1.20 lakh workers, mostly women, were employed in those factories, of which most were in trouble as they had to lose jobs.
CLOSURE OF GARMENTS FACTORIES CURRENT SCENARIO CAUSE OF CLOSURE OR LAYOFF Subcontracting+shared building Subcontracting Shared Building Labour unrest In the process of shifting/relocating Exit from business Non-compliance with rules
UNITS
Fire incident Source: BGMEA
84 35 14 36 13 11 14 2
16th amendment bill set to pass on Sunday n Kamran Reza Chowdhury The government is set to table on Sunday next the 16th constitution amendment bill that will empower the legislature to impeach the judges of the Supreme Court for misconduct and incapability, plus give the parliament authority to punish holders of all constitutional posts on similar grounds. If passed, not only the judges, parliament can also remove the chief election commissioner and commissioners of the Election Commission, the chairman and the members of the Public Service Commission, chairmen and the commissioners of the Anti-Corruption Commission, and the Comptroller and Auditor General on similar grounds. The articles establishing the Election Commission, Public Service Commission, the Anti-Corruption Commission, and the office of the Comptroller PAGE 2 COLUMN 2
In a recent visit to Savar, Ashulia, Gazipur, the Dhaka Tribune found that the garment workers were craving for jobs in garment factories but failed as the owners hung notice of no vacancy. “Of the jobless, 40% manged jobs in another factory, while 20% remained unemployed, 25% were working on contact basis, 10% left Dhaka and 5% male workers changed their professions,” Sirajul Islam Rony, president of Bangladesh National Garment Workers-Employees League (BNGWEL) told the Dhaka Tribune. “I have tried several times to get a job in the city as well as outside the city but failed,” said Helena Akter, a worker of Juki Garments, which had been closed recently. She also said most of the factory hung notice that there was no vacancy. “Being failed to avail a job, now I have gone back to my village,” said Taslima Akter, a worker of Tuba Group. “After the Eid ul-Azha, I will go to Dhaka and try to find a job, but I do not know whether it will be possible,” said Taslima. On the other hand male workers are facing more trouble as the owners are unwilling to recruit them to avert unrest. Seeking anonymity, a factory owner told the Dhaka Tribune: “We avoid PAGE 2 COLUMN 2
EMPLOYMENT SCENARIO LEFT DHAKA WORKING ON CONTRACT BASIS
10%
25% 20%
5%
40%
CHANGED PROFESSION (MALE)
GOT NEW JOB
UNEMPLOYED
Source: Bangladesh National Garments Workers Employees League
Police charge a man with baton as BNP men engaged in clashes with lawmen after Khaleda Zia appeared before a special court in Bakshibazar in city yesterday
ACC now finds no merit of Padma corruption conspiracy case n Adil Sakhawat The Anti-Corruption Commission will soon withdraw charges against all the seven accused and the suspected people in connection with the Padma bridge corruption conspiracy case since the anti-graft body did not find any evidence against them. “Following newspaper reports in 2011, we initiated an inquiry into corruption allegations in the project, but found nothing suspicious. Later in 2012, we initiated an inquiry into the corruption conspiracy in appointment of consultant as the World Bank requested us to do so. The ACC investigators again have found nothing,” commission Chairman M Bodiuzzaman said yesterday. The ACC chief made the disclosure after the commission in a regular meeting approved the probe report and rec-
ommended withdrawal of the charges against the accused and the suspects. After 20 months’ investigation, ACC official Mirza Jahidul Alam submitted the report to the commission on Sunday with a recommendation to discharge the seven accused.
‘We found no strong evidence against the accused to place them before the court’ The ACC in 2012 filed a case for alleged “corruption conspiracy” hoping that it would find evidence during the investigation stage. “But nothing suspicious was found in the appointment process of consultant,” the commission chairman said. The commission has reached the decision as the probe team failed to find
any credible document to prove the allegation of corruption conspiracy, even after attending a Canadian court. Asked why the commission filed the case without any strong documents, Commissioner M Shahabuddin said: “We filed the case after assessing primary evidence like media reports and World Bank’s recommendation. But finally our investigation team has not found any proof against the accused of bribery in appointing consultant.” He also claimed that there was no relation between discharging the accused and World Bank’s withdrawal of fund for the project. Allegations of corruption conspiracy by Bangladesh government functionaries in the process of awarding the bridge’s construction supervision to Canadian consultancy firm SNC-Lavalin PAGE 2 COLUMN 1
BB now asks banks to write off bad loans n Jebun Nesa Alo The central bank, which has so far been protective about the actual situation in the banking sector, has finally asked the banks to reduce bad loans by writing them off. The regulator also said the major financial scams have had their toll on the country’s banking sector because there was a lack of corporate governance. This, it said, was reflected in the increasing classified loans, the huge amount of existing bad loans and the declining quality of assets owned by the commercial banks, which turned out to be a major concern for the banking sector. The Bangladesh Bank yesterday published its Financial Stability Report 2013 at a programme in the capital. At the programme, Bangladesh Bank Deputy Governor SK Sur Chowdhury admitted that the level of bad loans was alarming. He said the central bank had suggested that the banks should reduce
bad loans by writing them off and keeping the required provisions. In layman’s terms, including bad loans in the balance sheet of a bank means showing some low quality assets. According to the report, such inclusions could be a result of wrong appraisal of assets and frauds. The adverse effect of high volume of classified loans on the balance sheets of banks was a major concern for the monetary authority, the report commented. The report also said out of a total of 56 banks operating in Bangladesh, the stressed advances ratio of 29 banks were between 6% and 20%, which meant they were more vulnerable to credit risk than others. Stressed assets, which are mainly low quality assets, have continued to rise, primarily due to higher non-performing loans. As a result, public sector banks are in a worse conditions compared to those in the private sector, the report states. PAGE 2 COLUMN 2
CLASSIFIED LOANS Public sector banks are in a worse condition compared to those in the private sector NPL COMPOSITIONS
INDUSTRY-WISE STRESSED ADVANCES RATIO Stressed Advance Ratio
35% 30% 25% 20% 15%
11.2%
10% 5% 0% SCB
10.1%
78.7%
Bad & Loss Doubtful Sub-Standard
Micro & Small Segments Medium & Large Segments Retail & Others
PCB
FCB
DFI
All
BANKS SHARE IN THREE MAJOR SEGMENTS Share in Total Loans
80% 70% 60% 50% 40% 30% 20% 10% 0% SCB
PCB
FCB
DFI
All
Source: Data: Scheduled Banks; Computation: FSD,BB
Ahle Sunnat Wal Jamaat leader Shaikh Nurul Islam Faruqi was killed as his religious ideology clashed with those of some Islamist groups, victim’s family members told a press conference yesterday.
4 | News
Indian authorities had been trying to find out the fugitive killers of Bangabandhu Sheikh Mujibur Rahman, who had been allegedly hiding in the Indian territory for long, and they wanted to know specific whereabouts of the killers.
5 | News
INVESTMENT NEED FOR ATTAINING HIGHER AND SUSTAINABLE ECONOMIC GROWTH Current investment
34.3%
is required to achieve FY2015 budget target growth of
A recent study conducted by Bangladesh Agricultural University says carbon or methane gas emissions can be reduced by 20-35% through using poultry droppings and vermin compost in paddy fields along with traditional nitrogenous fertilisers.
28.7% of GDP Investment needs to rise to
7.3%
B1 | Business
37.6% 8%
of GDP if GDP growth is to be attained for faster poverty reduction
Bangladesh requires increasing private investment to attain higher and sustainable economic growth, said Asian Development Bank yesterday.
8 | World
Barack Obama said that the US will not be intimidated by IS militants after the beheading of a second American journalist and will build a coalition to ‘degrade and destroy’ the group.
12 | Entertainment
Mehazabien will soon be seen in a TV play titled ‘Boroshar Prothom Din,’ also featuring Nayeem and Ripon. In the play, she will be portray a docile university student.
BNP men clash with police as Khaleda appears in court Islam Shaon and n Ashif Md Sanaul Islam Tipu
Activists of BNP and its associate bodies got embroiled in clashes with police yesterday after party Chairperson Khaleda Zia had appeared in the Special Judge Court 3 in the capital’s Bakshibazar area. The Special Judge Court 3 of Judge Basudev Roy is hearing the Zia Orphanage Trust and Zia Charitable Trust graft cases. The court was set up on the Aliya Madrasa ground. Khaleda reached there at 1:05pm and left 40 minutes later. The court set September 10 for recording deposition of the complainant in response to two petitions filed by the defence counsel seeking adjournment of recording deposition of the prosecution witness. In one of the petitions, defence counsel Taherul Islam Towhid said they had earlier submitted four leave to appeal petitions with the Appellate Division of the Supreme Court challenging the legality of four High Court orders, which were pending for hearing. He sought an adjournment order until the final hearing of the apex court took place. On the other hand, Mosharraf Hossain Kajol petitioned for recording deposition Harun-ur-Rashid, the complainant of the two cases and also a deputy director of the Anti-Corruption Commission. Additional police were deployed in and around the area since morning and law enforcers closed traffic movement on the street between Chawkbazar and Bakhsibazar. BNP activists had gathered on the street leading to the court since morning. Senior pro-BNP lawyers as well as senior party leaders thronged the court premises when Khaleda arrived there. BNP activists wanted to enter the court after Khaleda but police prevented them, prompting a clash. Witnesses said police charged baton PAGE 2 COLUMN 6
INSIDE 3 | News
MAHMUD HOSSAIN OPU
6 | Nation
The headmaster and the former president of governing body of a local school in Natore have been accused of improperly appointing teachers as well as misappropriating funds.