Speakers at a rally on Wednesday stressed declaration of election manifestoes by political parties with measures to contain illicit flow of money or capital flight, bank money embezzlement and black money, ahead of the national parliament polls.
They urged to stop the culture of political patronage to create “Robber Baron” in the country, and also recommended for making the loan information of MP (Member of Parliament) candidates public in forthcoming parliamentary election.
Some civil society rights bodies, including EquityBd, in cooperation with Tax and Financial Justice Asia (TAFJA) and Global Alliance for Tax Justice (GATJ) organised the rally jointly at the national press club.
The rally put forward six-point demands that include forming a banking reform commission, giving no MP nomination to loan defaulters, to people who reschedule the loan time and again, and to those Bangladeshis whose names came in panama and paradise papers.
They also demanded that there should be whitepaper on Bangladesh Bank reserve money hacking and share market scam, and ensuring the responsible of due punishment.
They demanded formation of a body to check illicit money transfer, and urged implementation of national integrity strategy in all levels to eliminate corruption.
Mostafa Kamal Akanda of EquityBD moderated the rally while Md Shariful Islam from Bangladesh Foundation, Mahbub Khokan from Jatiya Unnayan Parishad, Feroza Begum from Bachte Shekho Nari, Qader Hazari from Aorpon, Sayed Aminul Haque and Ahsanul Karim, among others, spoke on the occasion.
Speakers pointed out that during the growth of capitalists of the United State of America in the period from 1870 to 1914 there was state or political patronage to the elite and rich, which motivated them to accumulate wealth in primitive way. They are termed as Robber Baron in the history.
Rezaul Karim Chowdhury of EquityBD and COAST said the country should not be like Zimbabwe, Honduras and Venezuela because of mismanagement in financial sector.
“It is the poor migrants of the country who send dollars while rich do illicit transfer of those. In fact there has been very little private investment over the last five years”, he added.
He urged the prime minister and political leaders to take actions to contain illicit flow of money and to create confidence among the private investors and the people.