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$130 Million Donated Anonymously to Bangladesh

by uncultured | January 30, 2008 at 03:12 pm | 437 views | 4 comments

As reported by the Associated Press, an anonymous donor has just made the single largest individual donation to Bangladesh totalling $130 million. Money was donated to the Islamic Development Bank to help rebuild after the damage caused by Cyclone Sidr.

Details from the Associated Press below.

DHAKA, Bangladesh - An unidentified person has donated $130 million to help rebuild hundreds of schools and storm shelters destroyed by a cyclone along Bangladesh's southwest coast, the government said Wednesday.
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The anonymous donation was made through the Saudi Arabia-based Islamic Development Bank, said senior finance ministry official Aminul Islam Bhuiyan, describing it as the single largest donation ever made by an individual to Bangladesh.

Bhuiyan said the donor could not be identified because of the bank's confidentiality rules. He said there was no special cyclone relief fund set up at the Islamic Development Bank.

"It's great news for the millions of cyclone-hit people," Bhuiyan said after meeting a team of bank officials visiting Bangladesh to discuss how the money would be spent.

Much of the money would go toward building about 500 schools and storm shelters, he said.

Tropical Cyclone Sidr struck Bangladesh's southwest coast on Nov. 15, leaving more than 3,300 people dead and tens of thousands homeless.