BNP blames 'corruption' for soaring prices of essentials | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 14, 2025
BNP blames 'corruption' for soaring prices of essentials

Politics

UNB
17 August, 2022, 07:35 pm
Last modified: 17 August, 2022, 07:37 pm

Related News

  • Elections must be held by next Feb: Fakhrul at Nayapaltan rally
  • Fakhrul alleges conspiracy to eliminate Tarique from politics
  • Mirza Fakhrul’s brother attacked at BNP conference in Thakurgaon
  • Fakhrul demands exemplary punishment for 'barbaric' killing of trader near Mitford Hospital
  • Economist Abul Barkat sent to jail in Tk297cr embezzlement case

BNP blames 'corruption' for soaring prices of essentials

UNB
17 August, 2022, 07:35 pm
Last modified: 17 August, 2022, 07:37 pm
File photo
File photo

BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday alleged that the prices of essentials are going up alarmingly due to the government's "corruption" and "mismanagement".

"The management of the essential consumer goods market is held hostage by a syndicate of some corrupt businessmen who are beneficiaries of the illegitimate government," he said.

Speaking at a press conference, the BNP leader also said the driving forces of the government are in the top position of the corrupt syndicate that is hiking the prices of the commodities. "Bangladesh is facing such consequences as the protector has turned predator."

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"The government's corruption is behind the growing inflation and the current economic hardship. Because of the corruption, the prices of goods are increasing unrestrainedly, hitting hard the middle class, lower middle class and the poor people of the country. Corruption, total failure, and mismanagement of the government have created this situation."

AL holds protest rally against 2005 series bombing

The press conference was arranged at BNP chairperson's Gulshan office on the unbridled increase in the prices of essential commodities following the unusual fuel price hike and the growing inflation.

Fakhrul said the government has been spending public money imprudently on unnecessary projects, creating an economic crisis in the country. "OverTk30,000 crore were taken away for the Padma Bridge of Tk10,000 crore. Tk230 crore is being spent on the construction of per kilometre of the Airport Road. Corruption is the root cause behind it."

He alleged that the Bangladesh Petroleum Corporation (BPC) has been indulging in corruption by selling the fuel at high prices while thousands of crores of taka are being siphoned off from the power sector. "The way they indulged in corruption in 1974, the same way they are now doing it."

Under the current situation of the country, the BNP leader urged the country's people and all political parties to get united to ensure the fall of the current regime.

"This corrupt government has no accountability to people. They have become ruthlessly cruel and merciless as they are least bothered about the welfare of people. "Let's get rid of this regime through a united mass movement on the streets," Fakhrul said

Showing a comparative picture of the increase in the prices of daily essentials and inflation, he said inflation in June soared to 7.56 percent which is the highest in the last nine years. "People's purchasing capacity has also decreased a lot. People are struggling to survive."

The BNP leader said the prices of almost everything that a family needs to buy from the kitchen market, including rice, pulses, oil, sugar, flour, vegetables, eggs, chicken and fish, have gone up further due hike in fuel prices. These price hikes are a direct blow to people with limited income who are already affected by inflation."

He said when people are living in extreme miseries due to skyrocketing prices of the commodities, then the ministers are making reckless comments which is like rubbing salt in the wounds. "Ministers are joking about the plight of people. The country's people want to get rid of the misrule. The government has turned Bangladesh into a failed state through plundering, corruption, money laundering and misrule.

As his attention was drawn to Prime Minister Sheikh Hasina's recent directives to law enforcers not to obstruct the oppositions' protest and not to arrest and harass the protesters, Fakhrul said "We never believe any of her (Prime Minister's) words because they don't do what they say."

Bangladesh / Economy / Top News

BNP Secretary General Mirza Fakhrul Islam Alamgir / Rising Commodity Prices / Corruption

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image. Photo: Collected
    Dollar gains Tk1.8 as BB buys at higher rates, lifting market floor
  • US President Donald Trump speaks to the press as he arrives at the White House in Washington, DC, US, July 13, 2025. REUTERS/Annabelle Gordon
    Trump threatens 'very severe' tariffs against Russia if no Ukraine peace deal within 50 days
  • Sanjida Ahmed Tonni, along with hundreds of other students, was attacked by Chhatra League thugs on 15 July 2024. Photo: Rohet Ali Rajib
    Women of the July Uprising: She stood in courage, left in silence

MOST VIEWED

  • Graphics: TBS
    Bangladesh Bank buys $171m at higher rate in first-ever auction
  • From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
    From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • Energy Adviser Fouzul Kabir Khan speaking about tariff negotiations with United States on 13 July 2025. Photo: TBS
    US wants a framework agreement with Bangladesh that includes their security concerns: Fouzul
  • CNG drivers blockaded a road in Banani demanding route allocation on 13 July 2025. Photo: TBS
    CNG drivers block road in Banani for hours, causing Mohakhali-Uttara gridlock 
  • Representational image. Photo: Mohammad Minhaj Uddin/TBS
    Navy-run Dry Dock takeover boosts Ctg Port container handling, daily avg up 7%

Related News

  • Elections must be held by next Feb: Fakhrul at Nayapaltan rally
  • Fakhrul alleges conspiracy to eliminate Tarique from politics
  • Mirza Fakhrul’s brother attacked at BNP conference in Thakurgaon
  • Fakhrul demands exemplary punishment for 'barbaric' killing of trader near Mitford Hospital
  • Economist Abul Barkat sent to jail in Tk297cr embezzlement case

Features

DU students at TSC around 12:45am on 15 July 2024, protesting Sheikh Hasina’s insulting remark. Photo: TBS

‘Razakar’: The butterfly effect of a word

8h | Panorama
Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

1d | Brands
The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

2d | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

2d | Wheels

More Videos from TBS

Will Patriot missile defense save Ukraine?

Will Patriot missile defense save Ukraine?

1h | Others
Market intermediaries want changes in policies

Market intermediaries want changes in policies

2h | TBS Today
Robbery 'in front' of the police, what happened next...

Robbery 'in front' of the police, what happened next...

2h | TBS Stories
Conspirators want Bangladesh not to hold elections: Fakhrul

Conspirators want Bangladesh not to hold elections: Fakhrul

3h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net