Three former close associates testified as prosecution witnesses that Bankman-Fried had directed them to use FTX customer funds to plug losses at Alameda Research
Monowar Ahmed, secretary of the Economic Relations Division, and Manmohan Parkash, country director for the ADB, signed the agreement at a ceremony in Dhaka.
“ADB is committed to help Bangladesh develop its railways, which is a safe, affordable and environment-friendly mode of transport,” said Parkash.
The new rail link opening in 2023 aims to transport 2.9 million passengers annually by 2024, the ADB said.