Bangladesh, April 14 -- The newly enacted Bank Resolution Act, 2026 has sparked widespread concern among anti-corruption watchdogs, economists and political observers, who warn that the law could undermine recent reform efforts and weaken accountability in Bangladesh's troubled banking sector.

Transparency International Bangladesh (TIB) has strongly criticised the legislation, arguing that provisions allowing former owners of failed or merged banks to regain control risk reopening the door to past irregularities.

In a statement issued on Monday, the organisation said the law could turn the sector back into a "haven for corruption and plunder", undermining efforts to address long-standing governance failures.

At the centre of the contro...