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...
AN INVESTIGATIVE report by a British news agency once again shows that politicians and businesspeople linked to the deposed Awami League have laundered huge wealth off Bangladesh. The report, conducted by the Observer in collaboration with Transparency International that British newspaper Guardian published on November 30, shows that prominent Bangladeshi politicians and businesspeople own top-flight...
Police on Saturday recovered the stolen money of Tk 23.50 lakh from Chattogram鈥檚 Bandar Tila area and arrested Md Masum Hawlader, alias Masum, 26, in this connection...
The Foreign Exchange Policy Department of the Bangladesh Bank has issued three new directives concerning foreign currency exchanges for private travel entitlements through licenced money changers...
The interbank call money rate has crossed 10 per cent after nearly 11 years following an increase in the policy rate by the Bangladesh Bank...
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...
Bangladesh Bank governor Ahsan H Mansur said on Monday that they were expecting officials in justice and treasury departments of the United States in Dhaka the next week.
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 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...
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...
The United States has assured Bangladesh of providing support to recover its stolen money.
The Anti-Corruption Commission filed two separate cases against the former mayor of Rajshahi鈥檚 Bagha municipality on charges of embezzling public money...
The interbank call money rate on Monday surged to nearly 10 per cent following an increase in the policy rate by the Bangladesh Bank...
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...
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...
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 and the United States have discussed ways for strengthening collaboration to counter corruption, tackle money laundering and recover stolen assets.
The police have arrested six people on charges of cheating and looting money and seized Taka 57.50 lakh in Mirpur, Dhaka.
The British delegation assured the Anti-Corruption Commission of Bangladesh of assistance in bringing back laundered money from the United Kingdom to Bangladesh...
Five banks on Wednesday provided a total of Tk聽945 crore to four struggling banks through interbank market, with the Bangladesh Bank assuming responsibility for repaying any loans if these crisis-hit banks fail to do so, according to BB spokesperson and executive director Husne Ara Shikha...
Premier Bank 鈥楪reen PIN鈥� service is the latest addition to Premier Banks digital services and green banking initiative, enabling customers to instantly activate their Debit, Credit or Pre-paid cards or generate new PIN for their cards through the Banks website or mobile banking app Pmoney.
The Anti-Corruption Commission has so far sent 71 Mutual Legal Assistance Requests to different countries seeking cooperation for repatriating laundered money...
IT IS promising that the government has reconstituted an inter-agency task force meant to bring back money that has been illegally taken abroad. In January 2023, the taskforce was formed by the deposed Awami League government but remained ineffective in repatriating stolen funds. In what follows, the reconstitution of the taskforce is a right step forward...
The World Bank offered assistance to the Anti-Corruption Commission in collecting documentary evidence for the recovery of laundered money...
The Bangladesh Bank on Tuesday increased the policy rate by 50 basis points to 9.5 per cent with the aim of tightening money supply to control inflation...
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...
The Bangladesh Bank on Sunday agreed to provide credit guarantee to reassure other banks to lend to five financially troubled banks through the interbank money market, aiming to help these banks partially return funds to their depositors...
The High Court on Sunday directed the Anti-Corruption Commission chairman to submit a progress report on the investigation into money laundering allegations against...
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...
RENTAL power plants, set up as an emergency measure under an indemnity law to resolve power shortage soon after the Awami League had assumed office in 2009 that ended in a permanent arrangement to drain the state exchequer by channelling public money into private pockets through capacity charge payment, have not only been a great burden to the economy...