Bangladesh, May 19 -- Allegations of widespread extortion in Karwan Bazar, one of the capital's largest wholesale markets, have been raised by Saiful Alam Khan, Member of Parliament for Dhaka-12 and leader of the opposition Bangladesh Jamaat-e-Islami.

The MP claimed that extortion in the market costs ordinary consumers heavily, with two to three crore taka reportedly being collected every day.

Saiful Alam Khan made the comments on Monday during a budget dialogue organised by the Nagorik Platform in Dhaka.

He also highlighted similar concerns at the nearby Mohakhali Bus Stand, calling for urgent action to end the practice.

"I represent an area plagued by extortion," the MP said.

"In Karwan Bazar alone, nearly two to three crore taka ...