By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The GenerationThe GenerationThe Generation
  • USA
    USA
    Show More
    Top News
    Some Manhattan Residents Stuck In Third Day Without Heat And Hot Water
    February 7, 2024
    Deadly California Storm Triggers Flooding, Mudslides, Power Outages
    February 10, 2024
    At Least 60% Of US Population May Face ‘Forever Chemicals’ In Tap Water, Tests Suggest
    February 29, 2024
    Latest News
    MOSQUE LEADER FACES DEPORTATION
    October 1, 2026
    US state Recognizes Muslim holidays Eid al-Fitr, Eid al-Adha as Official Holidays
    September 30, 2026
    Trump Signs Order To Integrate Federal Services With America.gov
    September 30, 2026
    US Finalises Revised Vehicle Fuel Economy Standards
    September 30, 2026
  • New York
    New York
    Show More
    Top News
    G Train Service Resumes
    September 15, 2024
    Deputy Mayor of Public Safety Philip Banks III Resigns, Embattled Adams Confirms
    October 10, 2024
    Democratic US Rep. Mikie Sherrill Announces Run For New Jersey Governor
    November 24, 2024
    Latest News
    EX-NYPD SERGEANT PLEADS GUILTY TO IMPERSONATING ICE OFFICIAL
    October 3, 2026
    Captain Smit Machchhar’s Courage Saves 174 Lives
    October 3, 2026
    OFF-DUTY NYPD OFFICER STABBED MULTIPLE TIMES IN THE BRONX
    October 3, 2026
    QUEENS J TRAIN STABBING: 59-YEAR-OLD RIDER KILLED
    October 3, 2026
  • Politics
    Politics
    Show More
    Top News
    New York’s Property Tax Cap Remains at 2% Limit for Fifth Year in A Row
    July 20, 2025
    Trump’s $100,000 H-1B Visa Fee Sparks Economic Concerns
    September 22, 2025
    Civil rights pioneers of the sky: Pan Am’s first Black flight attendants reunite
    May 1, 2026
    Latest News
    TRUMP UNDER PRESSURE AS HIGH PRICES HIT HIS ECONOMIC STANDING
    October 1, 2026
    Karoline Leavitt’s Next Move Could Put Donald Trump’s White House on Edge — Source
    September 30, 2026
    Hochul Campaign Says It Raised $8.5 Million Ahead Of Election Day
    September 30, 2026
    MAMDANI TO CAMPAIGN WITH HOCHUL
    September 30, 2026
  • World
    World
    Show More
    Top News
    Bangladesh Calls DW Report ‘False and Fallacious’
    June 17, 2024
    UN says ex-Pakistan Premier Imran Khan’s Detention Arbitrary, must be Released Immediately
    July 26, 2024
    60 Killed as Dam Bursts in War-Torn Sudan
    September 2, 2024
    Latest News
    Athens denies media report alleging US envoy threatened Greek government
    September 30, 2026
    Red Bull wins India Court Reprieve to Use ‘Energy Drink’ Label
    September 30, 2026
    China Forecasts Record-Strength Super El Niño As Pacific Temperatures Rise Rapidly
    September 30, 2026
    Could a new Tigray War Engulf the Horn of Africa?
    September 30, 2026
  • Finance & Business
    Finance & Business
    Show More
    Top News
    How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
    September 3, 2023
    Corporate Greed is not to Blame for High Inflation, SF Fed Says
    June 16, 2024
    Latest News
    Corporate Greed is not to Blame for High Inflation, SF Fed Says
    June 16, 2024
    How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
    September 3, 2023
  • EpaperNew
Search
  • About Us
  • Our Awards
  • My Bookmarks
  • Opinion
  • Crime
  • Science & Technology
  • Entertainment
  • Sports
  • Economy
  • Fashion
  • Election
  • Feature
  • Charity
  • Literature
  • Security
  • US & Canada
  • Nature
  • Cooking
Copyright @2023 – All Right Reserved by The Generation.
Reading: Bangladesh’s Largest Financial Scam in Worker Migration to Malaysia Exposed
Share
Notification Show More
Font ResizerAa
Font ResizerAa
The GenerationThe Generation
  • USA
  • New York
  • Politics
  • World
  • EpaperNew
Search
  • Crime
  • Economy
  • Election
  • Entertainment
  • Opinion
  • US & Canada
  • Finance & Business
  • Charity
  • Cooking
  • Fashion
  • Feature
  • Literature
  • Nature
  • Science & Technology
  • Security
  • Sports
Follow US
  • About Us
  • My Bookmarks
Copyright @2023 – All Right Reserved by The Generation.
Photo: AFP via Daily Sun
World

Bangladesh’s Largest Financial Scam in Worker Migration to Malaysia Exposed

Published: June 28, 2024
Share
3 Min Read
SHARE

Tuesday, June 4, 2024
Year : 2, Issue: 23

International Desk: In a scandal described as the biggest financial scam in Bangladesh’s history, recruiting agencies have looted approximately Tk 22.5 thousand crore in the process of sending Bangladeshi workers to Malaysia.
For over three decades, influential circles have exploited the system, promising employment opportunities abroad while siphoning off vast sums of money from unsuspecting workers.
According to an agreement with the Malaysian government, Bangladesh was permitted to send 526,676 workers to Malaysia as of May 31, 2024.
However, the Bangladesh Manpower Employment and Training Bureau (BMET) issued clearance for around 494,642 workers. Despite this, 32,000 workers were inexplicably laid off, raising questions about transparency and accountability in the recruitment process.
Each worker was supposed to pay Tk 78,990 to cover costs such as passport fees, health examinations, registration fees, welfare fees, insurance, smart card fees, and service charges for recruiting agencies. Besides, the hiring companies were responsible for covering 15 additional sectors, including airfare from Dhaka to Malaysia.
Despite these stipulations, a syndicate led by Malaysian resident Amin Noor, along with recruiting agencies, extorted an average of Tk 500,000 from 476,642 workers.
This massive exploitation amounts to approximately Tk 225,000 crore. Besides, about 17,000 workers, despite spending Tk 933 crore, could not make it to Malaysia, highlighting the depth of the scam.
State Minister for Expatriate Welfare and Foreign Employment Shafiqur Rahman Chowdhury has attributed the responsibility to the Bangladesh Association of International Recruiting Agencies (BAIRA).
However, immigration analysts refute this claim, suggesting that the Ministry’s statement is a means to deflect responsibility. If the Expatriate Welfare Ministry says that they have not been given the list, then it is unfortunate.
Admitting to irregularities, BAIRA General Secretary Ali Haider Chowdhury acknowledged a lack of supervision throughout the process.
The process of sending workers involved 101 recruiting agencies until May 31, 2024.
The Malaysian government had previously closed its labour market to Bangladeshi workers in 2018, citing human trafficking and corruption involving Tk 5,000 crore. The labour market reopened in 2022, only for these new allegations of widespread corruption and exploitation to emerge.
Stakeholders say that this massive scandal highlights the urgent need for stricter regulations and oversight in the recruitment process for overseas employment as the exploitation of vulnerable workers not only causes immense financial loss but also tarnished the reputation of both the sending and receiving countries.

UK will Support Ukraine “100%” Despite Russian Warning, PM Burnham Says
Bnagladesh Interim Govt Shares Asif Nazrul’s View That President ‘Lied’ About Hasina’s Resignation
Brazil Judge Orders Probe Of Elon Musk
US May Slap Sanction, But Govt to Keep up Its Works: Momen
Somalia Malnutrition Response Hit By More Than 80 Percent Funding Drop As Child Hunger Surges, MSF Says

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Modi Claims Third Election Victory
Next Article India edge South Africa to become unbeaten T20 World Cup champions

Stay Connected

1.2KFollowersLike
13KFollowersFollow
1.2KFollowersFollow
1.4KSubscribersSubscribe

Latest News

EX-NYPD SERGEANT PLEADS GUILTY TO IMPERSONATING ICE OFFICIAL
New York
October 3, 2026
Captain Smit Machchhar’s Courage Saves 174 Lives
New York
October 3, 2026
OFF-DUTY NYPD OFFICER STABBED MULTIPLE TIMES IN THE BRONX
New York
October 3, 2026
QUEENS J TRAIN STABBING: 59-YEAR-OLD RIDER KILLED
New York
October 3, 2026
TRUMP UNDER PRESSURE AS HIGH PRICES HIT HIS ECONOMIC STANDING
Politics
October 1, 2026

Quick links

  • About Us
  • Our Awards
  • My Bookmarks

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Editor
Sadia J. Choudhury
Executive Editor
Shah J. Choudhury, Mubin Khan & Salman J. Choudhury
Member of Editor’s Board
Husneara Choudhury, Fauzia J. Choudhury, Santa Islam & DevRaj A. Nath.

A Ruposhi Bangla Entertainment Network

By

Office Address
New York Office:
70-52 Broadway 1A, Jackson Heights, NY-11372, United States.
Contact
Tel: +1 (718) 496-5000
Email: info@thegenerationus.com
newsthegeneration@gmail.com
The GenerationThe Generation
Follow US
Copyright @2023 – All Right Reserved by The Generation.