Rajapaksa鈥檚 son issued travel ban
The son of Sri Lanka鈥檚 former president Mahinda Rajapaksa was banned on Monday from leaving the island nation following his arrest for alleged money laundering...
Tags : Money Laundering
MBL holds money laundering prevention training
Mercantile Bank Training Institute has organised a daylong workshop on 鈥楶revention of money laundering and combating financing against terrorism鈥� at its premises recently, said a press release...
BFIU takes steps to recover Tk 15,000 crore from seized accounts
The Bangladesh Financial Intelligence Unit has taken steps to initiate legal proceedings to recover Tk聽15,000 crore allegedly accumulated through suspicious transactions and money laundering...
BFIU launches joint probe against Hasina, family
The Bangladesh Financial Intelligence Unit has launched a joint investigation into allegations of illegal wealth accumulation and money laundering by ousted prime minister Sheikh Hasina and her family members...
No progress in extradition of PK Halder from India
The government has so far failed to bring former NRB Global Bank managing director Proshanta Kumar Halder, also known as PK Halder, who is facing money laundering charges, back to the country from India.
SC stays HC verdict on Tarique, Mamun
The Appellate Division of the Supreme Court on Tuesday stayed seven-year jail sentence of the Bangladesh Nationalist Party acting chairman Tarique Rahman and businessman Giasuddin Al Mamun in a case lodged over money laundering...
Bank accounts of NRBC chair Parvez Tamal, 2 others frozen
Bangladesh Financial Intelligence Unit on Thursday froze the bank accounts of NRB Commercial Bank chairman SM Parvez Tamal, its vice president Md Jafar Iqbal Howlader and former executive committee chairman Adnan Imam and their companies...
US embassy launches anti-money laundering training
The United States embassy in Dhaka, in collaboration with Bangladesh law enforcement agencies, on Sunday launched a comprehensive anti-money laundering and counter-threat finance...
Bangladesh loses $13 billion annually through money laundering: TIB
Bangladesh loses approximately $13 billion every year to illicit financial outflows, creating significant challenges in recovering this vast amount, according to Iftekharuzzaman, executive director of Transparency International Bangladesh...
CID begins inquiry against ex-land minister Saifuzzaman
The Criminal Investigation Department of the police has started an inquiry against former land minister Saifuzzaman Chowdhury over allegations of laundering money to the United States, the...
Businesses to run despite actions against owners: Asif
Labour and Employment adviser Asif Mahmud Shojib Bhuyain on Saturday said that despite actions against business owners involved in money laundering and various crimes, their businesses would continue to operate...
ACC sues Muhiuddin khan Alamgir, six others for money laundering
The Anti-Corruption Commission on Wednesday filed a case against seven people including former home minister of Awami League government, Muhiuddin Khan Alamgir, under the...
Bank accounts of Menon, Momtaz frozen
The Bangladesh Financial Intelligence Unit on Monday froze bank accounts of Bangladesh Workers Party president Rashed Khan Menon and folk singer and former Awami League lawmaker Momtaz Begum...
Bangladesh, US discuss collaboration to counter corruption
Bangladesh and the United States have discussed ways for strengthening collaboration to counter corruption, tackle money laundering and recover stolen assets.
Amount of fresh IMF loan not yet fixed: Salehuddin聽聽聽
Finance, commerce, and science and technology adviser Salehuddin Ahmed on Tuesday said that the government was yet to decide how much fresh loan would be sought to the...
HC asks ACC to report progress in S Alam probe
The High Court on Sunday directed the Anti-Corruption Commission chairman to submit a progress report on the investigation into money laundering allegations against...
17 cases filed against Salman, 27 others
The Criminal Investigation Department of police on Wednesday filed 17 cases against 28 people including Beximco Group founder and vice-chairman Salman F Rahman on charges of laundering around Tk 1,000 crore abroad under the guise of export trade...
UN promises to work with ACC
The United Nations Office on Drugs and Crime on Tuesday promised to provide full-fledged cooperation with the Anti-Corruption Commission in preventing money laundering and...
CID starts probe against Salman, Nafeez Sarafat
The Criminal Investigation Department said that the agency has launched investigations against deposed prime minister Sheikh Hasina鈥檚 private industry and investment adviser Salman F Rahman and...
CID begins probe against S Alam, others over laundering TK 1 lakh core
The Criminal Investigation Department on Saturday said that the agency launched an investigation against S Alam Group chairman and managing director Mohammed聽Saiful Alam, his wife and...
Ex-minister Mosharraf acquitted in money laundering case
Bangladesh Nationalist Party standing committee member and former health and family welfare minister Khandker Mosharraf Hossain was acquitted in a money laundering case filed by the Anti-Corruption Commission...
Dealing with odious debt
BANGLADESH has become increasingly indebted since 2009. The country鈥檚 external debt stock increased from $23.3 billion in 2008 to $100.6 billion in December 2023 thanks to the country鈥檚 mega-projects-led so-called development with borrowed money under the now-deposed authoritarian regime of Sheikh Hasina...
Finance adviser for speeding up anti-money laundering activities聽
Finance and planning adviser Salehuddin Ahmed on Wednesday said that he had directed authorities concerned to speed up anti-money laundering activities without any favour and fear...
Protests erupt at banks amid political change
Protests erupted at several banks on Thursday with officials alleging that those who were not aligned with the government or bank owners and those who refused to engage in illegal activities had faced harassment and termination...
HC rejects Prof Yunus鈥� plea for cancelling embezzlement charge
The High Court on Wednesday summarily rejected a petition filed by Nobel laureate Professor Muhammad Yunus and six of his Grameen Telecom colleagues for cancellation of embezzlement and money laundering charges against them...
Trial of Prof Yunus in graft case deferred to August 5
Dhaka Special Judge鈥檚 Court-4 on Monday deferred recording the testimony of prosecution witnesses till August 5th in a case filed against Nobel laureate Professor Muhammad Yunus and 13 others under the Money Laundering Prevention Act...
Hong Kong fines DBS Bank $1.3 mn for money-laundering breaches
The Hong Kong Monetary Authority fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said on Friday.
Singapore seizes over US$4b in dirty money since 2019
Singapore has seized S$6 billion ($4.4 billion) linked to crime and money laundering since 2019, the wealthy city state said Wednesday, after a massive dirty money scandal marred its squeaky clean reputation last year.
Prof Yunus, 13 others charged
The Dhaka Special Judge鈥檚 Court-4 on Wednesday charged Nobel laureate Professor Muhammad Yunus and 13 others with embezzlement of Tk 25.22 crore of Grameen Telecom Workers鈥� Welfare Fund...
WP to hold nationwide protests against govt failures
The Workers Party of Bangladesh, a partner in the Awami League-led alliance, will hold nationwide demonstrations on June 25, protesting against government鈥檚 failures, including price hikes of essential commodities, mass corruption, money laundering, and mismanagement in the banking sector...