While the case of PK Haldar has exposed the loopholes in the financial sector, it is not the first time such a thing has happened. In fact, bad debt and money laundering remain some of the persistent ills rotting the financial sector at its core. According to a 2020 report published by Transparency International Bangladesh (TIB), around $3.1 billion (Tk 26,400 crore) is
"Improving coverage requires an integrated approach that ranges from individual-level interventions to vaccine mandates at the national level." Vaccination coverage plateaued in the decade of 2010-2020, with 20 million children globally unprotected and 10 countries accounting for 62% of unvaccinated children in 2020.
Twenty-five banks are suffering from a collective default loan of Tk 974.4 crore after several non-bank financial institutions (NBFIs) failed to pay back funds despite maturity, in another sign of feeble state in the financial industry.