Industrial units in bad shape

Wasif Wahed, On e-mail
It was very disheartening to read a detailed report carried out by the Bangla daily, Prothom Alo (March 22nd ) on the present deteriorating state of different industries which were handed over by the government to the Bangladesh Freedom Fighters' Welfare Trust for the purpose of helping out the financially weak and injured freedom fighters. The report highlights the sorry state of the industries. In most of the cases mismanagement and corruption of some staffs of the respective industries are responsible for such a downfall of these once vibrant industries. For instance, the report highlights that Bangladesh Glass Industries was a very profitable industry during the years 1973-1984. However, during Ershad's rule, the industry started to incur huge losses and eventually in 1994 it closed down. In addition, the report also mentions that the Trustee Board has remained inactive for 10 years! Therefore, the government immediately needs to form a Trustee Board with honest and competent persons who can dedicate more time towards looking into the mismanagement and corruption. Moreover, the ones responsible for the closure of such organisations must not go unpunished.