The recent remarks by Prof M Tamim at a shadow parliament debate in Dhaka have shone a glaring light on the pervasive corruption within Bangladesh’s energy and power sectors.
His assertion that a “mafia system” entrenched in these industries must be dismantled to combat systemic corruption is a call to action that cannot be ignored.
According to a report published in this newspaper on Monday, Prof Tamim’s allegations of collusion among politicians, bureaucrats, and business entities during the tenure of the ousted Awami League government raise serious questions about the integrity of energy governance in Bangladesh.
His claims that no power plants were established without political and financial trade-offs under former Prime Minister Hasina’s regime suggest a troubling nexus of power and profit that has compromised the nation’s energy security.
The professor’s critique extends to specific business entities, such as S Alam and Summit groups, which he argues require forensic scrutiny.
This highlights a broader issue: the energy sector’s need for transparency and accountability. The Bangladesh Petroleum Corporation’s alleged manipulation of pricing structures to mask losses further underscores the opacity plaguing this vital industry.
Moreover, Bangladesh’s reliance on LNG imports, driven by commission incentives rather than domestic exploration, raises concerns about the long-term sustainability of its energy strategy. Professor Tamim notes that the lack of public hearings in price-setting processes reflects a disregard for democratic accountability and public interest.
The controversial power purchase agreement with the Adani Group, finalised in a mere three days, exemplifies the haste and lack of due diligence that characterise many energy deals.
The stipulation of paying 100 per cent capacity charges alongside additional fees for unused power is not only financially burdensome but also raises ethical questions about the decision-making processes involved.
Chairman of Debate for Democracy echoed these sentiments by criticising the 2010 indemnity law, which has been repeatedly extended to facilitate corruption in power generation and procurement. This legal framework appears to shield corrupt practices rather than promote accountability.
As Bangladesh grapples with its energy challenges, the government must prioritise transparency, accountability, and public engagement in its energy policies. The voices of experts like Prof Tamim must be heeded to dismantle the entrenched corruption that threatens the nation’s energy future.
Only through genuine reform can Bangladesh hope to achieve a sustainable and equitable energy sector that serves the interests of all its citizens.
