DHAKA, Nov 26:  Fire raced up the floors of a Bangladeshi garment factory with no emergency exits, killing at least 112 people, some of whom jumped from the eight-storey building where they made clothes for major global retailers. (Partly reported in Sunday’s issue).

Investigators suspect that a short circuit caused the fire on Saturday night outside the capital, Dhaka, said Maj Mohammad Mahbub, fire department operations director.    The factory is owned by Tazreen Fashions, a subsidiary of the Tuba Group, which makes products for Wal-Mart, IKEA and other companies in the US and Europe.

Wal-Mart says it previously stopped working with nearly 50 Bangladeshi factories because of fire danger. An assessment of Tazreen conducted for the retailer last year rated the company as a “high risk,” but Wal-Mart said on Monday it did not know whether it was still buying products made at the factory.

Firefighters recovered at least 100 bodies from the factory and 12 more people died at hospitals after jumping from the building to escape the fire, Mahbub said.

''Had there been at least one emergency exit through outside the factory, the casualties would have been much lower,” Mahbub said. Local media reported that up to 124 people were killed.

Army soldiers and border guards were helping keep order as thousands of onlookers and anxious relatives of the factory workers gathered, Mahbub said.    Relatives of the workers frantically looked for their loved ones. Sabina Yasmine said she saw the body of her daughter-in-law, but had seen no trace of her son, who also worked there.

''Oh, Allah, where's my soul? Where's my son?” wailed Yasmine, who works at another factory in the area.

“I want the factory owner to be hanged. For him, many have died, many have gone.''    Neither Tazreen's owner nor Tuba Group officials could be reached for comment. Tazreen was given a “high risk” safety rating after a May 16, 2011, audit conducted by an “ethical sourcing” assessor for Wal-Mart, according to a document posted on the Tuba Group's website. It did not specify what led to the rating.

Wal-Mart spokesman Kevin Gardner said online documents indicating an orange or “high risk” assessment after the May 2011 inspection and a yellow or “medium risk” report after an inspection in August 2011 appeared to pertain to the factory. The August 2011 letter said Wal-Mart would conduct another inspection within one year.

Gardner said it was not clear if that inspection had been conducted or whether the factory was still making products for Wal-Mart. If a factory is rated “orange” three times in two years, Wal-Mart won't place any orders for one year. The May 2011 report was the first orange rating for the factory. ''Our thoughts are with the families of the victims of this tragedy,” the retailer said in a statement. “While we are trying to determine if the factory has a current relationship with Wal-Mart or one of our suppliers, fire safety is a critically important area of Wal-Mart's factory audit programme and we have been working across the apparel industry to improve fire safety education and training in Bangladesh.''

The Tuba Group is a major Bangladeshi garment exporter whose clients also include Carrefour and IKEA, according to its website. Its factories export garments to the US, Germany, France, Italy and the Netherlands, among other countries. The Tazreen factory, which opened in 2009 and employed about 1,700 people, made polo shirts, fleece jackets and T-shirts. Bangladesh has some 4,000 garment factories, many without proper safety measures. The country annually earns about $20 billion from exports of garment products, mainly to the US and Europe.—AP