UK Treasury Minister Tulip Siddiq, responsible for tackling economic crime in the UK, faces mounting pressure to resign following allegations linking her family to embezzlement of up to GBP 3.9 billion from infrastructure spending in Bangladesh. Siddiq, who also serves as the anti-corruption minister, has strongly denied any wrongdoing.

The controversy stems from claims that Siddiq’s family benefited from properties tied to her aunt, Sheikh Hasina, Bangladesh’s former prime minister, who is at the center of a corruption probe. Hasina, ousted last year after more than two decades in power, faces allegations of embezzlement and abuse of power by the new Bangladeshi government.
Kemi Badenoch, the UK’s Conservative Party leader, called for Siddiq’s dismissal on X, accusing Prime Minister Keir Starmer of appointing a personal friend to an anti-corruption role despite these allegations. Badenoch also said the allegations had become a distraction and the government should focus on grappling with pressing financial challenges.
Siddiq, 42, has referred herself to the Prime Minister’s standards adviser, Sir Laurie Magnus, for an independent review. In her letter to Sir Laurie, Siddiq maintained her innocence: “I am clear that I have done nothing wrong. However, for the avoidance of doubt, I would like you to independently establish the facts about these matters.”
Bangladesh’s new leader, Nobel laureate Muhammad Yunus, has urged Siddiq to apologize and return any properties linked to Hasina’s alleged corruption. He described the acquisition of such assets as “plain robbery” in an interview with The Sunday Times. Prime Minister Keir Starmer has expressed confidence in Siddiq, stating that she “acted entirely properly” by initiating an inquiry.
The accusations are part of a broader investigation by Bangladesh’s Anti-Corruption Commission into Sheikh Hasina, who was in charge of Bangladesh for more than 20 years and was seen as an autocrat whose government ruthlessly clamped down on dissent.
Source: BBC News, January 12, 2024