Decision on Padma funding after talks with Japan govt: Jaica

Japan International Cooperation Agency (Jaica), another co-financer of Padma bridge project, in a statement on Monday said it would take decision on the project after having a discussion with Japan government.

Jaica's formal statement came two days after the leading financer of the project World Bank cancelled its $1.2 billion credit for the project claiming to have proof of a corruption conspiracy involving Bangladeshi officials, executives of a Canadian firm and private individuals.

Jaica was committed to funding $400 million for the Padma bridge project.

News Source: 
The Daily Star