Donor gives $130 million to Bangladesh By FARID HOSSAIN, Associated Press Writer
Wed Jan 30, 10:02 AM ET



DHAKA, Bangladesh - An unidentified person has donated $130 million to help rebuild hundreds of schools and storm shelters destroyed by a cyclone along Bangladesh's southwest coast, the government said Wednesday.


The anonymous donation was made through the Saudi Arabia-based Islamic Development Bank, said senior finance ministry official Aminul Islam Bhuiyan, describing it as the single largest donation ever made by an individual to Bangladesh.

Bhuiyan said the donor could not be identified because of the bank's confidentiality rules. He said there was no special cyclone relief fund set up at the Islamic Development Bank.

"It's great news for the millions of cyclone-hit people," Bhuiyan said after meeting a team of bank officials visiting Bangladesh to discuss how the money would be spent.

Much of the money would go toward building about 500 schools and storm shelters, he said.

Tropical Cyclone Sidr struck Bangladesh's southwest coast on Nov. 15, leaving more than 3,300 people dead and tens of thousands homeless.

Bangladesh has sought $2 billion in foreign aid to rebuild homes, schools and embankments. It has received about $500 million, including the latest donation, officials said.

Comment:
That is definitely good news to Bangladeshi, because they have free money from a benevolent anonymous. These $130 million is able to help rebuild the damage made by a cyclone along Bangladesh’s southwest coast. However, there’s always a positive and negative side on every single matter. I have read news last year, and it said that Bangladesh is the most corrupted countries among all countries. I am afraid that some people or officers who involve into the distribution of the fund will take part of the money into their pockets.

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