Dhaka, Feb. 26 -- Transparency International Bangladesh (TIB) has stated that, over the past decade, the government procurement market has become institutionalised under the control of a tripartite nexus involving the bureaucracy, contractors, and political power.Unveiling a research report titled "E-Procurement in Bangladesh: Monopoly, Collusion, and Political Influence" at its office in the capital on Tuesday, TIB highlighted how influential contractor syndicates exploit legal loopholes to engage in unethical practices, obstructing fair competition.The findings revealed that 666,474 procurement transactions were conducted via the e-GP platform across 66 ministries and divisions from 2012 to 2024, showing that since its launch in 2011, B...
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