The million-dollar question is: how can Bangladesh recover the laundered money that has crossed its borders?
Rashtra Sangskar Andolan has urged the formation of a special economic tribunal to recover money siphoned out of the country
When asked whether it was possible to bring back all the laundered money from abroad, the finance adviser said the government is trying in this regard, but the overall amount is huge
The interim government is set to enact a special law aimed at streamlining the recovery process of money laundered during the Sheikh Hasina regime.
Bangladesh Bank (BB) Governor Ahsan H Mansur will visit the United Kingdom (UK) as a part of efforts to recover laundered assets.
The CID media cell confirmed the arrest via an SMS
NBR permission is setting a bad example, destabilising the housing market
A meeting between BFIU and managing directors of the banks made the decision
The latest global corruption index again paints a troubling picture
A Dhaka court yesterday sentenced “Casino Brothers” -- Enamul Haque Enu and Rupon Bhuiyan -- to seven years and seven others to four years in jail in a case filed over laundering Tk 17.16 lakh.
The bank accounts of 366 individuals and entities with a Tk 15,000 crore combined balance were frozen between August and December last year over money laundering allegations.
More than two and a half years after his arrest by India’s Enforcement Directorate (ED) in a money laundering case, Bangladeshi businessman Prashanta Kumar Halder, known as PK Halder, walked out of jail after a special court in Kolkata granted him bail.
The Anti-Corruption Commission has decided to launch an investigation against former prime minister Sheikh Hasina and her son Sajeeb Wazed Joy on allegations of laundering $300 million to the United States.
Corruption, embezzlement, and money laundering have been endemic in Bangladesh but reached new heights during the last 15 years of the now-toppled regime led by the Awami League.
The spirit of 1971 lives on, and it is up to the present generation to ensure that its promises are fulfilled.
A government taskforce will investigate the country’s 10 major business groups’ alleged money laundering and other misdeeds.
A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.
Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.
Britain expects the interim government to lay out the vision of how it will restore peace, democratic governance, and promote national reconciliation, said UK Minister for the Indo-Pacific Catherine West.
