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...
Tags : Money laundering
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...
Suspicious transactions, capital flight growing
Suspicious transactions linking to money laundering are growing in the county amid the resource crunch caused by a persistent dollar shortage.
LDA demands white paper on grafts of Aziz, Benazir
Left Democratic Alliance demanded the publishing of the white paper on the alleged corruption of former army chief General Aziz Ahmed and former inspector general of police Benazir Ahmed and others who are involved in money laundering and loan defaulting...
ACC approves charges against ex-Basic Bank chair Bacchu, family
The Anti-Corruption Commission on Monday approved a charge sheet against former Basic Bank chairman Sheikh Abdul Hye Bacchu and his family members in a case filed by the commission on charges of embezzlement and money laundering of around Tk 95 crore...
Chairman candidate lands in jail in Tk 2,000cr laundering case
The Dhaka Metropolitan Sessions Judge Court on Tuesday sent Samsul Alam Chowdhury, a chairman candidate in the Faridpur Sadar upazila parishad...
US congressman Henry Cuellar charged with bribery, money laundering
Federal prosecutors indicted a US congressman Friday on bribery and money laundering charges connected to a bank in Mexico and an energy company owned by Azerbaijan.