** Influentials hamper reform process : Economists ** BNP announces march prog on February 11 ** Probe alleged enforced disappearances ** Stolen device worth Tk 47 lakh recovered ** Spy balloon row: High-altitude spying marks new low for US-China ties ** 642 killed in road accidents in January: JKS ** Buriganga River, the lifeline of Dhaka city, suffers from a terrible pollution problem. Every day chemical and household waste, sewage, medical waste, and mountains of plastic continue to pollute Buriganga. Besides, hundreds of plastic recycling factories have been built on both sides of the river. This photo taken on Saturday shows, recycled plastic is being dried in the sun along the banks of the river. Agency photo ** Prisoner dies after being sent to Pabna jail ** FBI searches Biden’s vacation home ** Messi acknowledges Bangladesh's love ** Infection found in 28 districts ** 2 US officials to visit Dhaka this month ** Book Fair sees huge crowd on weekend ** Adani’s $108b crisis shakes investors’ faith in India ** BNP's divisional rallies today ** Shell reports highest profits in 115 years ** Dhaka, Colombo seek greater cooperation through promoting shipping, air connectivity ** People’s sufferings do not move this government ** BERC jacks up LPG price by Tk 266 per 12kg cylinder ** Many motorcyclists chose to ride on the footpaths of Shaheed Tajuddin Ahmed Sarani amid severe traffic congestion in the capital on Thursday, disrupting movement of pedestrians. Agency photo ** A mushroom cultivator plants mushrooms in polythene bags stuffed with sawdust, wheat husk and jute sticks inside a shade made of cogon grass, bamboo in Natore's Jugipara area on Thursday. NN photo ** Export earnings rise by 5.89pc in Jan ** ‘DCs, UNOs run country’ ** Missing B’baria by-polls candidate Asif returns home ** HAAB announces Tk 6.72 lakh private hajj package **

HC seeks report from CAG and BPC

Anomalies of Tk 472cr

01 December 2022

Staff Reporter :
The High Court on Wednesday ordered the Comptroller and Auditor General (CAG) and the Bangladesh Petroleum Corporation (BPC) to inform it without any fail about their steps taken against the irregularities of Tk 472 crore by Standard Asiatic Oil Company Ltd (SAOCL), a subsidiary of the BPC, by January 5 in 2023.
It also asked the Bangladesh Petroleum Corporation to supply all the documents related to the corruption to the Anti-Corruption Commission (ACC) for a proper inquiry into the matter by the same time.
The HC bench of Justice Md Nazrul Islam Talukder and Justice Khizir Hayat passed the order after hearing a Suo Moto rule issued earlier by this court.
Considering a report published in an English daily on November 4 under the headline "A BPC concern robs
state coffers of Tk 472.7cr", the High Court bench issued the rule on November 6 this year.
The report said, "The government has been deprived of Tk 472.7 crore for 21 counts of irregularities by Standard Asiatic Oil Company, a subsidiary of the Bangladesh Petroleum Corporation, found an audit.
The disclosure comes after the Comptroller and Auditor General (CAG) pored over the company's books from fiscal 2012-13 to 2019-20 and made field visits."
The anomalies include embezzlement by top officials, high rates, overtime, missing funds, irregularities in payment of litigation fees and violation of the Income Tax Ordinance and VAT Rules, also read the report.
In the rule the HC wanted to know from the authorities concerned of the government to explain as to why their inaction to take measures against the irregularities of the BPC's concern, Standard Asiatic Oil Company, should not be declared illegal.
Chairmen of the Anti-Corruption Commission (ACC), the BPC and the Comptroller and Auditor General had been asked to comply with the rule within 10 days.
Appearing for the BPC lawyers Mohammed Mezbah Uddin and Md Abdus Samad Azad said in the court hearing that the BPC had been working over the allegations since 2019 when the authorities came to know about it from its internal source.
The organization on October 10 in 2019 issued a letter to its higher authority, ministry of energy, for conducting a probe into the corruption allegation committed by the Standard Asiatic Oil Company Ltd by the ACC. Later the ministry issued a letter to the ACC on March November 13 in 2019 for the same purpose. A case was also filed on March 9 in 2021 against the company in a Chattogram Court. 

Add Rate