ACC asks evidences on Adani deal to investigate tax evasion

BSS
Published On: 30 Apr 2025, 20:25

DHAKA, April 30, 2025 (BSS) - The Anti-Corruption Commission (ACC) has asked Bangladesh Power Development Board (BPDB) to provide all evidences on power purchase agreement with Adani Group.

ACC Director General Md Akhter Hossain gave this information at a press briefing at its head-office, saying as allegations were raised to evade tax worth Tk 4,500 crore against the deal with Adani for electricity import.

He said the commission has sent a letter to Chairman of BPDB asking important records and information about the power purchase agreement with Adani.

The director general said the ACC has started an investigation into allegations of the agreement regarding tax evasion by bypassing National Board of Revenue (NBR).
 
Deputy Director and Investigation Officer Rezaul Karim signed the letter, he added.

According to the letter, investigation is underway against former power division secretary Ahmad Kaikaus and concerned authorities of BPDB for allegedly evading the government’s duty of Tk 4,500 crore through the contract with Adani by bypassing the NBR.

The letter also said that the BPDB was requested to provide the required records within five working days of receiving the letter for the sake of fair investigation.

The letter also mentioned that the matter was "very urgent".

 

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