January 29, 2008

Bangladesh Corruption: Titas Gas

About 80 percent of the staff at Bangladesh's biggest state-owned gas distributor took bribes to the tune of millions, the head of a anti-graft body has said.

Employees of Titas-Gas Distribution Company pocketed bribes in return for undercharging thousands of factories and homes, said the chief probing the company. Colonel Hasan, who uses one name, said so far 127 workers at Titas Gas had agreed to return 58 million dollars worth of assets bought with the money.

"But it is a tiny fraction of the money these people have made by under-billing the amount of gas a company or an individual household has consumed," he said.

Bangladesh Blogger says: Above image courtesy of Titas-Gas, is to encourage its clients, not to waste this vital national-treasure. However, it seems the management of this mis-managed organization was not paying much-attention.

Via AFP

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