Meghna Bank hosts training on AML, CFT
Meghna Bank PLC has recently organised a daylong training programme anti-money laundering and countering financing of terrorism for employees of Chattogram region, said a press release...
Tags : Money laundering
NBR chairman slams money laundering
The laundering of money through over- and under-invoicing was the result of a collective failure of the banks and the National Board of Revenue, said NBR chairman Abdur Rahman Khan at a programme on Saturday...
Trust Bank hosts workshop on money laundering prevention
Trust Bank PLC organised a daylong workshop titled 鈥楶revention of Money Laundering & Combating Financing of Terrorism (AML & CFT)鈥� on Saturday, said a press release...
CID arrests Khairul Bashar in money laundering case
The Criminal Investigation Department (CID) arrested Khairul Bashar Bahar, chief executive officer (CEO) of leading overseas education consultancy farm, 鈥楤SB Global Network鈥�, from Dhanmondi on Monday in connection with a money laundering case.
ACC sues S Alam Group chair, PK Halder, 11 others
The Anti-Corruption Commission on Wednesday filed three cases against 15 people, including S Alam Group chairman Mohammed Saiful Alam and Reliance Finance Limited former managing director Prashanta Kumar Halder, on charges of embezzling Tk 270 crore through fraudulent loans and money laundering...
SEB hosts awareness prog on money laundering prevention
Southeast Bank PLC recently organised an awareness programme on 鈥楻egulatory Framework for Prevention of Money Laundering and Terrorist Financing鈥� at the bank鈥檚 training institute in Dhaka, said a press release...
Only detection of suspicious activities not enough
BANGLADESH has registered a surge in suspicious financial transactions and activities during the tenure of the interim government, installed after the fall of the Awami League regime on August 5, 2024, which suggests that it has not done enough to contain money laundering. The most recent annual report of the Bangladesh Financial Intelligence Unit says that suspicious...
MetLife hosts training on money laundering prevention
MetLife Bangladesh has recently organised a daylong training workshop on 鈥楶revention of Money Laundering and Terrorist Financing鈥� for branch managers and unit managers of MetLife鈥檚 Chattogram region, said a press release...
Jamuna Bank launches comprehensive AML solution
Jamuna Bank PLC has recently launched a comprehensive automated anti-money laundering solution, said a press release...
MBPLC hosts training on money laundering prevention
Mercantile Bank PLC has organised a training programme on 鈥楶revention of money laundering and combating financing against terrorism鈥� for officials of Chattaogram, Feni, Noakhali and Cumilla regions, said a press release...
Investigation into graft allegation against Shakib under way, says ACC chairman
The Anti-Corruption Commission is launching an inquiry into the allegations of corruption, including money laundering, against national team cricketer and former Awami League聽 lawmaker Shakib Al Hasan...
Repatriating laundered money
THE syphoning of money has been a hot topic in Bangladesh and many reports have been published in the aftermath of the 2024 political changeover as many stalwarts of the then ruling party were accused of transferring money abroad illegally. Syphoning out money from one country to another is a common method of money laundering. Money laundering simply...
MONEY LAUNDERING CHARGE: AG, ACC say Yunus wrongly sued
The Appellate Division on Wednesday set April 23 for delivering its verdict on Nobel laureate Muhammad Yunus鈥� appeal to quash a money laundering case against him...
ACC prosecutes Salman, son over money laundering
The Anti-Corruption Commission on Thursday filed a case against 11 people, including former IFIC Bank chairman Salman Fazlur Rahman and his son, Ahmed Sayan Fazlur Rahman, on charges of embezzling Tk聽33.64 crore and laundering Tk聽76 crore...
NBR launches customs risk management regulations against money laundering
The National Board of Revenue has issued a notification introducing the 鈥楥ustoms Risk Management Regulations, 2025鈥� aimed at addressing economic risks such as money laundering and terrorism financing...
MONEY LAUNDERING: SC verdict on Tarique, Mamun鈥檚 sentence tomorrow
The Anti-Corruption Commission鈥檚 lawyer on Tuesday conceded to the arguments presented before the Appellate Division by businessman Giasuddin Al Mamun鈥檚 lawyer seeking Mamun鈥檚 acquittal in a Tk 20-crore money laundering case...
Uneven competition with banks hinders NBFIs鈥� growth
The country as a whole is going through one of the most difficult periods, created by the previous authoritarian regime through corruption and money laundering and it has left a deep scar on Bangladesh鈥檚 overall economy and financial system...
MONEY LAUNDERING: ACC seeks info from 12 countries on Tulip鈥檚 allegations
The Anti-Corruption Commission has sent letters to 12 countries, seeking information about individuals, including former United Kingdom鈥檚 city minister Tulip Siddiq, who were allegedly involved in money laundering...
MONEY LAUNDERING: Ex-Basic Bank chair Bacchu sued again
The Anti-Corruption Commission on Sunday filed another four cases against former Basic Bank chairman Sheikh Abdul Hye Bacchu and his family members, accusing them of amassing illegal wealth amounting to Tk 248 crore and laundering money to Canada...
Depreciation of taka
THE persistent depreciation of the taka against the US dollar has become a focal point. This decline, gradual thouhg, has intensified over the past decade, triggering questions about its causes, implications and solutions. While the weakening of the taka has multiple contributing factors, such as non-performing loans from multilateral development banks...
SK Sur shown arrested in Hallmark loan scam case
Former Bangladesh Bank deputy governor Sitanshu Kumar Sur Chowdhury on Monday was shown arrested in a money laundering case filed by the Anti-Corruption Commission over the Hallmark Group loan scam seven years ago...
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...
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...