January 12, 2007

Update on Bangladesh

BDNews24 reports that Fakhruddin Ahmed, a renowned economist, the former governor of Bangladesh Bank and ex VP of the World Bank has been named the chief adviser of the caretaker government by president Dr. Iajuddin Ahmed. He has a Master’s Degree in Development Economics from Williams College, USA and Doctor of Philosophy in Economics from Princeton University. He will be sworn in on 7PM Bangladesh Time (2PM GMT) today. The Nobel Laureate Dr. Muhammad Yunus was first approached but his 12 point condition was too much for the president and Fakhruddin Ahmed was then invited.

Meanwhile two politicians (ex MPs), one from BNP and one from Awami League has been arrested by the military during the night on charges of igniting violence. It may be a message to politicians to exercise restraints.

It seems that the Bangabhaban (presidents house) is still in control of the situation. Uneasy calm prevails in the country. The clamp on media is still on but there are rumors that the state of emergency may be withdrawn today. Some predict whether it is a martial law in disguise.

For up-to-date news please visit BDNews24 or Dhaka News Room.

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