Dhaka, Aug. 10 -- Transparency International Bangladesh (TIB) has expressed shock and disappointment at the reported hike of airfares by 3-4 times by domestic airlines taking the advantage of the higher demand for the Eid holidays.

Calling it an 'atrocious extortion', the non-governmental anti-corruption organisation in a media statement on Saturday demanded justice and accountability in public interest and for corporate integrity.

"We've been deeply shocked and disappointed to see the media report that some airlines of Bangladesh have brazenly involved themselves in an unprecedentedly atrocious act of extortion of passengers taking the advantage of the higher demand for travels during the Eid holidays," TIB Executive Director Dr Iftekh...