Owner of sunken Bangladesh ferry arrested

Bangladesh`s anti-crime branch early Wednesday arrested the owner of the ferry that had capsized last week in the Padma river, leaving at least 46 people dead and 61 others still missing.

118 feared dead in Bangladesh ferry disaster

At least 118 people were feared dead after an overcrowded ferry with up to 250 passengers on board sank in the Padma river in central Bangladesh, as the efforts to locate the vessel under deep waters is still underway.

World Bank halts USD 1.2 billion Bangladesh loan

The World Bank said on Monday that it had
put on hold a USD 1.2 billion loan for a huge bridge in
Bangladesh amid allegations of corruption in the bidding
process.