The Oligarch Economy: How Billions Were Siphoned via Banking Cartels

The longevity of BAKSAL 2.0 was financed by a predatory economic model: the deliberate capture of the private and state banking apparatus to fund ruling-class patronage networks and launder sovereign assets abroad.

The Mechanics of Extraction

Through forced board takeovers, non-performing loan restructuring, and trade misinvoicing, hundreds of billions of Taka were drained out of the formal economy into foreign havens. This investigation documents the regulatory complicity of the central bank and the urgent roadmap for sovereign asset recovery.