DHAKA, tribe 3 Kyodo The British ...

DHAKA, tribe 3 Kyodo

The British and Dutch commands in a statement from the British High Commission in Dhaka upon Tuesday, denied Bangladesh Finance Minister Saifur Rahman 1 and 2ed any influence on the bidding for a 25 million confine in a pound ($39 million) financial management contract for Bangladesh's Ministry of Finance.

''The minister has no part to play in the selection proces and the allegations of his interference in the proces are completely without foundation,'' the high commission said in reaction to newspaper reports, first in the Guardian of Britain then in local papers, that hinted questionable links between Rahman and accountancy KPMG which is look forward toed to win the contract.

The finance minister was a partner in Rahman Rahman Huq a local member of the KPMG bidding arrange but Rahman is now no longer with the Bangladesh accountancy.

The financial management devise is being co-financed by Britain and the Netherlands.

The high commission statement said the contract will be awarded by the and of a ''lengthy tendering process in line with European Union procuration guidelines and the process will be transparent and open''

The five-year devise is supposed to improve financial management at the ministry and strengthen parliamentary scrutiny of public expenditures.

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