Publish: 10:07, 21 Dec, 2024 Updated: 14:22, 21 Dec, 2024

Bangabandhu Satellite-2 allegedly against national interests

Kazi Shohag
Bangabandhu Satellite-2 allegedly against national interests
Symbolic Photo Courtesy: Glavkosmos

Following the success of Bangabandhu Satellite-1, plans for a second satellite, Bangabandhu Satellite-2, have been mired in controversy, raising questions about financial transparency and national priorities. Initiated under the previous Awami League government, the project now faces allegations of irregularities and remains in limbo.

Bangladesh Satellite Company Limited (BSCL) has held several meetings on the project, updating Nahid Islam, Advisor to the Ministry of Posts, Telecommunications, and Information Technology. Officials indicate that no final decision has been made, and the matter will likely be addressed by the next government.

Concerns have been raised over the agreement, initially being negotiated with Russia, which included unconventional financial terms. Reports suggest that the proposed loan arrangement featured an interest rate exceeding 5%, significantly higher than the usual 1.5% for soft loans. These terms have drawn criticism, fueling suspicions about the motivations and decision-making processes behind the deal. Investigations are ongoing to identify those responsible.

The project’s naming has also sparked debate. With Bangabandhu Satellite-1 already in operation, critics question the necessity of using the same banner. BSCL’s Managing Director (Additional Duties), Md. Zahirul Islam, confirmed to Bangladesh Pratidin that discussions are underway about potential partnerships with either Russia or France, with financial terms remaining a critical factor.

Logistical and political considerations have added complexity to the project. The current government appears inclined to leave the decision to the next administration, as political alignment often influences long-term initiatives like this, especially when significant loans are involved.

In February 2022, a memorandum of cooperation was signed with Russia's Glavkosmos to develop and launch Bangabandhu Satellite-2, an Earth observatory satellite estimated to cost Tk 4,000 crore. With a proposed operational lifespan of 18 years, the satellite would orbit at an altitude of 300-400 kilometers, eliminating the need for an orbital slot. However, the Russia-Ukraine war disrupted the timeline, delaying the satellite's launch, initially planned for 2023.

Meanwhile, Bangabandhu Satellite-1, launched in 2018 at a cost of Tk 2,765 crore, continues to provide TV broadcasting and Direct-to-Home (DTH) services.

As investigations and reviews proceed, the future of Bangabandhu Satellite-2 remains uncertain. The controversy underscores broader concerns about governance, fiscal responsibility, and the alignment of national projects with public interest.

Translated by Jisan Al Jubair

Bd-pratidin English

More News
BNP again set to take the streets
BNP again set to take the streets
Local entrepreneurs are unable to cope
Local entrepreneurs are unable to cope
Awami League's history of fleeing is nothing new
Awami League's history of fleeing is nothing new
Recession not easing, raw material imports fall
Recession not easing, raw material imports fall
Preparing for another 1/11?
Preparing for another 1/11?
Expulsion orders of over 100 BNP leaders to be lifted
Expulsion orders of over 100 BNP leaders to be lifted
Debate heat up over reform in administration
Debate heat up over reform in administration
3 more unnecessary projects to be canceled
3 more unnecessary projects to be canceled
BEZA frauds with investors
BEZA frauds with investors
Private universities turn into certificate selling factory
Private universities turn into certificate selling factory
Dreams fade away as they return empty-handed
Dreams fade away as they return empty-handed
Brother killed over dispute fueled by Prothom Alo-Daily Star’s property greed
Brother killed over dispute fueled by Prothom Alo-Daily Star’s property greed
Latest News
Iran slams US strikes on Yemen
Iran slams US strikes on Yemen
33 minutes ago | International
Mobile surveillance tech used in enforced disappearances under past regime
Mobile surveillance tech used in enforced disappearances under past regime
1 hour ago | National
Dengue claims two more lives in 24 hrs
Dengue claims two more lives in 24 hrs
1 hour ago | National
Sarjis Alam warns of strike by Citizen's Committee in solidarity with doctors
Sarjis Alam warns of strike by Citizen's Committee in solidarity with doctors
1 hour ago | National
Stellantis reverses Ohio layoffs after CEO's resignation
Stellantis reverses Ohio layoffs after CEO's resignation
1 hour ago | Business
Bangladesh receives $200cr remittance in 21 days of Dec
Bangladesh receives $200cr remittance in 21 days of Dec
1 hour ago | National
‘EC will decide who are eligible for contest in polls’
‘EC will decide who are eligible for contest in polls’
2 hours ago | National
Bangladesh receives $900m World Bank financing
Bangladesh receives $900m World Bank financing
2 hours ago | National
40 receive certificates after completing training at Bashundhara Language and Skill Center
40 receive certificates after completing training at Bashundhara Language and Skill Center
2 hours ago | City
Dhaka Regency ready to welcome guests to magical Christmas celebration
Dhaka Regency ready to welcome guests to magical Christmas celebration
2 hours ago | Corporate Corner
‘Joint drives will be strengthened against hill cutting, air pollution, and banned polythene’
‘Joint drives will be strengthened against hill cutting, air pollution, and banned polythene’
2 hours ago | National
Syrian youth will resist incoming government, hopes Khamenei
Syrian youth will resist incoming government, hopes Khamenei
4 hours ago | International
Inquilab Mancha issues 7-day ultimatum to interim govt over 3 point-demands including AL ban
Inquilab Mancha issues 7-day ultimatum to interim govt over 3 point-demands including AL ban
4 hours ago | City
Inqilab Mancha blocks Kakrail intersection, demands action against Awami League
Inqilab Mancha blocks Kakrail intersection, demands action against Awami League
4 hours ago | City
Bangladesh urges Myanmar to resolve border issue
Bangladesh urges Myanmar to resolve border issue
4 hours ago | National
YouTube to crack down on misleading Clickbait titles, thumbnails in India
YouTube to crack down on misleading Clickbait titles, thumbnails in India
4 hours ago | Tech
Russia hit with 9/11 style attack on high-rise buildings
Russia hit with 9/11 style attack on high-rise buildings
4 hours ago | International
Minimal wage structure in media should be introduced: Press Secy
Minimal wage structure in media should be introduced: Press Secy
5 hours ago | National
Winter hits Gaza as many Palestinians left with little protection from cold
Winter hits Gaza as many Palestinians left with little protection from cold
5 hours ago | International
Berlin must be ready to respond to Russian hybrid attacks: German Defence Minister
Berlin must be ready to respond to Russian hybrid attacks: German Defence Minister
5 hours ago | International
Shuvosangho empowers 20 underprivileged women in Boalkhali with sewing machines
Shuvosangho empowers 20 underprivileged women in Boalkhali with sewing machines
5 hours ago | Shuvosangho
EC cancels deal with BCC for NID data verification service
EC cancels deal with BCC for NID data verification service
5 hours ago | National
Govt renames Bangabandhu Rail Bridge
Govt renames Bangabandhu Rail Bridge
5 hours ago | National
Reform Commission to hold talks with the Administrative Association
Reform Commission to hold talks with the Administrative Association
5 hours ago | National
Inquilab Mancha stages sit-in outside CA’s residence
Inquilab Mancha stages sit-in outside CA’s residence
6 hours ago | City
Qatar vows to halt EU gas sales over due diligence law
Qatar vows to halt EU gas sales over due diligence law
6 hours ago | Business
Syria's new administration appoints HTS figures as foreign, defense ministers
Syria's new administration appoints HTS figures as foreign, defense ministers
6 hours ago | International
Four killed in helicopter crash into hospital in Southwestern Turkey
Four killed in helicopter crash into hospital in Southwestern Turkey
6 hours ago | International
Pakistan dismisses US official’s allegations about missile program
Pakistan dismisses US official’s allegations about missile program
6 hours ago | International
Postgrad doctors block Shahbagh demanding stipend hike
Postgrad doctors block Shahbagh demanding stipend hike
6 hours ago | City
Most Read
Japanese anime industry sales top 3 trillion yen for 1st time
Japanese anime industry sales top 3 trillion yen for 1st time
9 hours ago | Business
Disruption in industrial sector due to gas crisis
Disruption in industrial sector due to gas crisis
8 hours ago | Business
Rahat Fateh Ali Khan stuns the audience on Dhaka Stage
Rahat Fateh Ali Khan stuns the audience on Dhaka Stage
11 hours ago | Entertainment
Ex-OpenAI engineer who voiced legal concerns about technology dies at age 26
Ex-OpenAI engineer who voiced legal concerns about technology dies at age 26
6 hours ago | Tech
Preparing for another 1/11?
Preparing for another 1/11?
11 hours ago | Special
Trump threatens to take back control of Panama Canal
Trump threatens to take back control of Panama Canal
13 hours ago | International
Awami League's history of fleeing is nothing new
Awami League's history of fleeing is nothing new
9 hours ago | Special
Recession not easing, raw material imports fall
Recession not easing, raw material imports fall
10 hours ago | Special
Shakib gives bowling test in Chennai
Shakib gives bowling test in Chennai
12 hours ago | Sports
EC cancels deal with BCC for NID data verification service
EC cancels deal with BCC for NID data verification service
5 hours ago | National
ACC begins probe against Hasina, Joy over $300m laundering
ACC begins probe against Hasina, Joy over $300m laundering
7 hours ago | National
Russia hit with 9/11 style attack on high-rise buildings
Russia hit with 9/11 style attack on high-rise buildings
4 hours ago | International
Local entrepreneurs are unable to cope
Local entrepreneurs are unable to cope
9 hours ago | Special
Islamic extremism will never find a place in Bangladesh: CA
Islamic extremism will never find a place in Bangladesh: CA
8 hours ago | National
Govt renames Bangabandhu Rail Bridge
Govt renames Bangabandhu Rail Bridge
5 hours ago | National
Winter hits Gaza as many Palestinians left with little protection from cold
Winter hits Gaza as many Palestinians left with little protection from cold
5 hours ago | International
Bangladesh urges Myanmar to resolve border issue
Bangladesh urges Myanmar to resolve border issue
4 hours ago | National
BNP again set to take the streets
BNP again set to take the streets
7 hours ago | Special
Qatar vows to halt EU gas sales over due diligence law
Qatar vows to halt EU gas sales over due diligence law
6 hours ago | Business
U-19 cricketers get cash bonus from BCB for Asia Cup triumph
U-19 cricketers get cash bonus from BCB for Asia Cup triumph
23 hours ago | Sports
Dhaka classified ‘very unhealthy’ as pollution city ranking
Dhaka classified ‘very unhealthy’ as pollution city ranking
12 hours ago | City
1 killed, 15 injured in Dhaka-Mawa Expressway crash
1 killed, 15 injured in Dhaka-Mawa Expressway crash
10 hours ago | National
Berlin must be ready to respond to Russian hybrid attacks: German Defence Minister
Berlin must be ready to respond to Russian hybrid attacks: German Defence Minister
5 hours ago | International
Minimal wage structure in media should be introduced: Press Secy
Minimal wage structure in media should be introduced: Press Secy
5 hours ago | National
Pakistan dismisses US official’s allegations about missile program
Pakistan dismisses US official’s allegations about missile program
6 hours ago | International
Four killed in helicopter crash into hospital in Southwestern Turkey
Four killed in helicopter crash into hospital in Southwestern Turkey
6 hours ago | International
Inquilab Mancha issues 7-day ultimatum to interim govt over 3 point-demands including AL ban
Inquilab Mancha issues 7-day ultimatum to interim govt over 3 point-demands including AL ban
4 hours ago | City
Syrian youth will resist incoming government, hopes Khamenei
Syrian youth will resist incoming government, hopes Khamenei
4 hours ago | International
Jaya Ahsan's new film to hit theaters soon
Jaya Ahsan's new film to hit theaters soon
9 hours ago | Entertainment
Iran protests US arrest of nationals over technology export
Iran protests US arrest of nationals over technology export
7 hours ago | International