TIB indicated that to create scopes for corruption, costs are inflated by 25 to 30 per cent over the total estimated budget.
Iftekharuzzaman expressed frustration that TIB has often not received the necessary information when requesting details about various road and highway projects. He emphasized the need for transparency and accountability.
He added that the research report only considers domestically funded projects, but noted that foreign-funded projects have also experienced corruption, involving collusion between domestic and foreign bureaucracies.
The event was moderated by TIB’s director of outreach and communication, Touhidul Islam, and attended by the organisation’s advisory director, Sumaiya Khair.