Business

Annually up to $15 billion laundered from Bangladesh during last Awami League tenure

TIB executive director said at ERF event
Photo: Collected

Every year some $12 billion to $15 billion was laundered from the country during the immediate past Awami League-led government, Iftekharuzzaman, executive director of the Transparency International Bangladesh (TIB), said today.

Trade-based money laundering was one of the major ways of money laundering, he said.

Bringing back the laundered money is possible, but it is time-consuming, he said.

Politics, bureaucracy and business should be more responsible for stopping the money laundering.

The TIB executive director made the comments at a seminar on laundered money and how to recover the money, held at the office of the Economic Reporters' Forum in Dhaka.

Comments

Annually up to $15 billion laundered from Bangladesh during last Awami League tenure

TIB executive director said at ERF event
Photo: Collected

Every year some $12 billion to $15 billion was laundered from the country during the immediate past Awami League-led government, Iftekharuzzaman, executive director of the Transparency International Bangladesh (TIB), said today.

Trade-based money laundering was one of the major ways of money laundering, he said.

Bringing back the laundered money is possible, but it is time-consuming, he said.

Politics, bureaucracy and business should be more responsible for stopping the money laundering.

The TIB executive director made the comments at a seminar on laundered money and how to recover the money, held at the office of the Economic Reporters' Forum in Dhaka.

Comments

ঢাকা সফর নিয়ে ভারতের এমপিদের ‘গুরুত্বপূর্ণ সব প্রশ্নের’ উত্তর দিলেন বিক্রম মিশ্রি

ঢাকা সফর নিয়ে ভারতের পররাষ্ট্র মন্ত্রণালয় সংক্রান্ত সংসদীয় স্থায়ী কমিটির সঙ্গে বৈঠক করেছেন পররাষ্ট্রসচিব বিক্রম মিশ্রি।

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