money laundering

$12-15b laundered every year during the AL rule

Between $12 billion and $15 billion was siphoned out of the country every year over the last 15 years, said Iftekharuzzaman, executive director of Transparency International Bangladesh.

Kazi brothers’ capital abroad without BB nod

Financial statements of former MP Kazi Nabil Ahmed and his brothers’ famed British tea enterprise offer a rare glance into how powerful people in Bangladesh take their money to the UK via Asia’s business hubs.

What Bangladesh can do to get back laundered wealth

Following the fall of the Awami League government, efforts are underway to explore ways to bring back the stolen wealth.

HC wants update of probe into money laundering allegations against S Alam by Sept 29

The High Court today sought to know updated information about the probe into money laundering allegations against S Alam Group. The court asked the Anti-Corruption Commission (ACC) lawyer Shaheen Ahmed to place the information before it on September 29.

Singapore’s Financial Intelligence Unit seeks info on S Alam Group

The overseas assets of S Alam Group, including those in Singapore, came under scrutiny following recent media reports.

Salman, 27 others sued for laundering Tk 1,000 crore

The Criminal Investigation Department has filed 17 cases against 28 persons including Salman F Rahman, vice-chairman of Beximco Group, over laundering about Tk 1,000 crore ($83 million) abroad under the guise of export trade.

Bangladesh seeks UK help to investigate Sheikh Hasina’s allies, FT reports

Bangladesh has sought assistance from the UK to investigate the overseas wealth of allies of former prime minister Sheikh Hasina, as the new government intensifies its crackdown on members of her ousted regime, The Financial Times (FT) reported

Govt to form taskforce to bring back syphoned money, says finance adviser 

The government will form a taskforce to recover money syphoned out of Bangladesh, said Finance and Commerce Adviser Salehuddin Ahmed

Beximco laundered $135 million: CID

Beximco Group laundered at least $135 million by exporting goods through 18 companies without repatriation of the export value, said the Criminal Investigation Department (CID) yesterday.

November 3, 2024
November 3, 2024

$12-15b laundered every year during the AL rule

Between $12 billion and $15 billion was siphoned out of the country every year over the last 15 years, said Iftekharuzzaman, executive director of Transparency International Bangladesh.

October 10, 2024
October 10, 2024

Kazi brothers’ capital abroad without BB nod

Financial statements of former MP Kazi Nabil Ahmed and his brothers’ famed British tea enterprise offer a rare glance into how powerful people in Bangladesh take their money to the UK via Asia’s business hubs.

October 1, 2024
October 1, 2024

What Bangladesh can do to get back laundered wealth

Following the fall of the Awami League government, efforts are underway to explore ways to bring back the stolen wealth.

September 22, 2024
September 22, 2024

HC wants update of probe into money laundering allegations against S Alam by Sept 29

The High Court today sought to know updated information about the probe into money laundering allegations against S Alam Group. The court asked the Anti-Corruption Commission (ACC) lawyer Shaheen Ahmed to place the information before it on September 29.

September 19, 2024
September 19, 2024

Singapore’s Financial Intelligence Unit seeks info on S Alam Group

The overseas assets of S Alam Group, including those in Singapore, came under scrutiny following recent media reports.

September 19, 2024
September 19, 2024

Salman, 27 others sued for laundering Tk 1,000 crore

The Criminal Investigation Department has filed 17 cases against 28 persons including Salman F Rahman, vice-chairman of Beximco Group, over laundering about Tk 1,000 crore ($83 million) abroad under the guise of export trade.

September 18, 2024
September 18, 2024

Bangladesh seeks UK help to investigate Sheikh Hasina’s allies, FT reports

Bangladesh has sought assistance from the UK to investigate the overseas wealth of allies of former prime minister Sheikh Hasina, as the new government intensifies its crackdown on members of her ousted regime, The Financial Times (FT) reported

September 5, 2024
September 5, 2024

Govt to form taskforce to bring back syphoned money, says finance adviser 

The government will form a taskforce to recover money syphoned out of Bangladesh, said Finance and Commerce Adviser Salehuddin Ahmed

September 2, 2024
September 2, 2024

Beximco laundered $135 million: CID

Beximco Group laundered at least $135 million by exporting goods through 18 companies without repatriation of the export value, said the Criminal Investigation Department (CID) yesterday.

August 28, 2024
August 28, 2024

Govt starts process to repatriate laundered money, acquire bank scammers’ asset

The interim government has already contacted various foreign organisations seeking their assistance