Over Tk 50 billion was laundered from the country last year to buy visas for male migrant workers, said a research report of Transparency International Bangladesh.
According to the research report, a total of Tk 5,234 crore was spent in buying visas for male workers going to KSA, Bahrain, Oman, United Arab Emirates, Malaysia, Singapore and Qatar while the total amount taken from migrant workers for visa purposes was Tk 16,873 crore, reports UNB news agency.
The findings of the research titled, 'Governance in Labour Migration Process: Problems and Way forward' were disclosed at a press conference at TIB conference room in the capital on Thursday.
TIB executive director Iftekharuzzaman said the money is being sent abroad through illegal channels. In many cases, the money Bangladeshi workers earn abroad is used to buy visas and that is why the country is losing remittance.
Citing the study findings, he said about 90 per cent of Bangladeshi male workers fall victim to various forms of corruption in going abroad for work.
TIB member Hafiz Uddin Khan, its deputy executive director professor Shumaiya Khayer and director (research and policy) Mohammad Rafiqul Hassan were also present at the event.