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.
Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.
International support will be taken to bring them to book, says Ahsan H Mansur
Recover bad loans, punish those who exploited the sector
Those who were involved in stealing funds from the country must be held accountable.
A Dhaka court today issued a travel ban on four officials of the Premier Bank PLC, including its Additional Managing Director Md Shahid Hassan Mallik, in connection with allegations of laundering about Tk 3,000 crore through sanctioning fake loans to 43 suspicious institutions which exported manufactured garments.
It fails to commit to reforms and address people’s sufferings
The Anti-Corruption Commission yesterday pressed charges against former BASIC Bank chairman Sheikh Abdul Hye Bacchu, his wife Shirin Aktar and six others over money laundering.
Cash transactions in Bangladesh have continued to creep up in spite of significant developments in digital payment methods and digital financial services over the last decade, as per the latest annual report of Bangladesh Financial Intelligence Unit (BFIU).
The Appellate Division of the Supreme Court today discharged the High Court Division’s suo moto rule that had ordered an investigation into S Alam Group’s wealth abroad
Bangladesh must embrace change for a sustainable development
Online vigilance a must to protect citizens plagued by poverty and desperation
