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
    Dad charged with murder after 10-year-old son dies in rollover crash, TX officials say
    September 4, 2023
    Claudia Goldin wins 2023 Nobel economics prize
    October 11, 2023
    Marijuana Smoke May be Harmful to Health, Can Affect Your Heart
    November 2, 2023
    Latest News
    US Senate Minority Leader Vows to Push New Vote To End Iran War
    May 13, 2026
    Trump to Travel to China with 17 Major CEOs, Including Musk and Cook: White House
    May 13, 2026
    US Treasury Secretary, Japanese Premier Discuss ‘Recent’ State of US-China Ties
    May 13, 2026
    US Defense Chief Meets South Korean Counterpart, Stresses Military Readiness
    May 13, 2026
  • New York
    New York
    Show More
    Top News
    Bangladeshi Actor achieve international in US
    October 26, 2023
    NY District Cancels Classes After Multiple Fights Break out at Same Time at High School
    November 24, 2023
    Winter Weather Arrives As NYC Migrant Crisis Worsens
    December 20, 2023
    Latest News
    A Dreamlike Flight of Red and Green Across the Silent Skies of New York: Bangladesh Day Parade 2026
    May 19, 2026
    Grand Meet & Greet Held in Queens Ahead of Bangladesh Day Parade
    May 16, 2026
    Immigration Tensions Rise in New York: NYPD–ICE Incident Reverberates Through Congressional Race
    May 14, 2026
    Election Concludes in Festive Atmosphere at New York Bangladeshi American Lions Club: JFM Russell Elected President and Masud Rana Topon Elected Secretary
    May 13, 2026
  • Politics
    Politics
    Show More
    Top News
    Joe Biden Plans To Ban Logging In US Old-growth Forests In 2025
    December 26, 2023
    Donald Trump Ranked As Worst US President In History, With Joe Biden 14th
    February 29, 2024
    Lawmakers Say They Should Analyze Protests Response
    May 31, 2024
    Latest News
    Blakeman to meet with Trump to discuss his campaign for governor
    May 6, 2026
    Rudy Giuliani recovering from pneumonia, remains in critical but stable condition: spokesman
    May 6, 2026
    Former NYC Mayor Rudy Giuliani hospitalized in critical condition, spokesman says
    May 6, 2026
    Civil rights pioneers of the sky: Pan Am’s first Black flight attendants reunite
    May 1, 2026
  • World
    World
    Show More
    Top News
    Arab League slams Israel siege of Gaza, demands aid for Gazans
    October 12, 2023
    Bangladesh hands over humanitarian aid to Palestine
    October 31, 2023
    Hezbollah’s anti-ship missiles bolster its threat to US navy
    November 9, 2023
    Latest News
    Pakistan Allowed Iranian Military Aircraft use Airbase Despite Mediator Role, CBS Reports
    May 13, 2026
    Nearly 200 Sanctioned Russia-Linked Ships Entered UK Waters Despite Warning, BBC Reports
    May 13, 2026
    UK’s Starmer Defies Calls to Quit, Says he is Getting on with Governing
    May 13, 2026
    Malaysia Searches for 14 Missing After Migrant Boat Capsizes
    May 13, 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.

You Might Also Like

Pakistan Allowed Iranian Military Aircraft use Airbase Despite Mediator Role, CBS Reports

Nearly 200 Sanctioned Russia-Linked Ships Entered UK Waters Despite Warning, BBC Reports

UK’s Starmer Defies Calls to Quit, Says he is Getting on with Governing

Malaysia Searches for 14 Missing After Migrant Boat Capsizes

IMF chief Georgieva warns of ‘much worse outcome’ if West Asia war drags into 2027

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 Twitter 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

A Dreamlike Flight of Red and Green Across the Silent Skies of New York: Bangladesh Day Parade 2026
New York May 19, 2026
Grand Meet & Greet Held in Queens Ahead of Bangladesh Day Parade
New York May 16, 2026
Immigration Tensions Rise in New York: NYPD–ICE Incident Reverberates Through Congressional Race
New York May 14, 2026
Election Concludes in Festive Atmosphere at New York Bangladeshi American Lions Club: JFM Russell Elected President and Masud Rana Topon Elected Secretary
New York May 13, 2026
US Senate Minority Leader Vows to Push New Vote To End Iran War
USA May 13, 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.