By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Follow US
Latest World News Update > Blog > World > Bangladesh denies Trump’s allegations of receiving USD 29 million fund for ‘political’ project – World News Network
World

Bangladesh denies Trump’s allegations of receiving USD 29 million fund for ‘political’ project – World News Network

worldnewsnetwork
Last updated: March 3, 2025 12:00 am
By worldnewsnetwork
Share
5 Min Read
SHARE

Dhaka [Bangladesh], March 3 (ANI): Bangladesh has denied US President Donald Trump’s allegations of Dhaka receiving USD 29 million in funds to implement a ‘controversial’ project to strengthen the political landscape in Bangladesh.
“The allegation that USAID awarded the 29 million USD project to a company owned by two individuals in Bangladesh is not true,” Bangladesh Foreign Ministry said in a statement.
“A 29 million USD project titled ‘Strengthening Political Landscape (SPL) in Bangladesh’ has been implemented in Bangladesh funded by USAID. Recently, US President Donald Trump has given some information about this project, which has created a lot of confusion in the public mind. In this context, the matter has been investigated by the Ministry of Foreign Affairs (of Bangladesh),” it added.
“Investigations revealed that USAID chose Democracy International (DI), registered in the United States, to implement this project during President Trump’s first term. Following the call for project proposals, many international organizations participated in the bidding process, and USAID made the decision following a transparent competitive process. After signing the agreement in March 2017, DI started implementing the project. Later, the duration of the project was extended, and the money came in phases,” the statement said.
“Initially, the SPL project had a duration of 5 years and a budget of 14 million dollars. The project was managed by USAID and financed by USAID and UK development and agency DFID (now FCDO). DFID’s funding commitment to this project was USD 19 million,” the statement said.
It added that the main objective of the SPL project was to promote peace and harmony by reducing political violence, creating peaceful co-existence among political parties, promoting the internal democratic practice of parties and encouraging the development of representative leadership. DI also conducts survey activities in Bangladesh under the project.
Bangladesh Foreign Ministry further said that the USAID projects are required to follow the US government’s financial management policies, it follows the financial audit process strictly, and these documents are preserved even years after the completion of the project.
“Findings show that Democracy International, registered in the United States, started implementing the SPL project in Bangladesh during President Trump’s first term. So the allegation that it was given to a company owned by two individuals in Bangladesh is not true. In fact, such projects are implemented through the bilateral development cooperation agreement (DOAG-Development Objective Assistance Agreement ) between Bangladesh and the United States. In this case, the individual has no power to do anything” the statement said.
Earlier, speaking at the White House, US President Donald Trump targeted a series of USAID projects that were recently cancelled based on the recommendation of the Department of Government Efficiency (DOGE), led by Elon Musk.
“29 million USD to strengthen the political landscape in Bangladesh, went to a firm that nobody ever heard of” said Trump, adding, “Can you imagine you have a little firm. You get 10,000 here, 10,000 there, and then we get 29 million USD from the US govt. They had two people working in that firm, two people, I think they’re very happy, they’re very rich.” he said.
He went on to suggest that “they’ll be on the cover of a very good business magazine pretty soon, for being great scammers.”
According to the US State Department, over the past 50 years, the United States has invested over eight billion dollars to improve the lives of Bangladesh. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

IIHM Institute of Hospitality Skills (IIHS) opens largest training centre in Udaipur – World News Network

New Delhi [India], April 1: IIHM Institute of Hospitality Skills (IIHS), India's…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

EAM Jaishankar conveys “deep concern” about Middle East situation to Iran FM – World News Network

By worldnewsnetwork

PM Modi to visit Cyprus, attend G7 summit in Canada, meet leaders in Croatia from June 15-19 – World News Network

By worldnewsnetwork

EAM conveys India’s interest in Mediterranean region at Raisina Mediterranean – World News Network

By worldnewsnetwork

MEA shares emergency contact numbers for Indian nationals in Iran amid escalating tensions – World News Network

By worldnewsnetwork
Latest World News Update
Facebook Twitter Pinterest Youtube Instagram

Copyright © 2024 World News Network. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?