6 detained over looting of 5 lakh riyals in city
Police have detained six people over their alleged involvement in looting of 5,00,000 Saudi riyals of a money exchange company in the capital鈥檚 Tejgaon on Tuesday...
Tags : money
Recovery of laundered money demanded
Politicians, academics and professionals on Monday called on the interim government to take immediate steps to recover the huge amount of money siphoned off abroad during 15 years of the authoritarian Awami League regime which was ousted in a mass uprising on August 5, 2024...
BRAC Bank to roll out Visa Direct for Account
BRAC Bank has partnered with Visa to launch Visa Direct for Account, offering customers a faster and cost-effective way for outward international money transfers, said a press release...
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...
US recovers $225m stolen in crypto scam
The US government said Wednesday it recovered $225 million in the largest seizure yet of money stolen in a cryptocurrency confidence scam...
Govt in dilemma over money legalisation facility
The interim government is in a dilemma about whether to keep the proposed undisclosed money legalisation facility or not in the national budget for the 2025-26 financial year, finance ministry officials said...
STOLEN MONEY RECOVERY: Governor for civil cases for 鈥榣ess serious offences鈥�
Bangladesh Bank governor Ahsan H Mansur on Thursday said that two approaches 鈥� one involves filing civil cases 鈥� had been planned for accelerating the recovery of the money stolen by different individuals and business groups linked to the ousted Awami League regime.聽聽
Yunus focuses on asset recovery in London tour: Shafiqul
Bangladesh interim government chief adviser鈥檚 press secretary Shafiqul Alam on Thursday said that the main focus of Professor Muhammad Yunus鈥檚 tour to London was to recover the stolen assets...
Riba, money and interest paradox
THIS article aims to respond to the recent directives of the Bangladesh Bank, suggesting that banks may not share profits with their depositors. This raises a foundational question: what are the sources of these profits? More broadly, what are the sources of income that allow Bangladesh Bank and commercial banks to pay salaries and employee benefits and cover their...
Money legalisation may聽be dropped: govt
Finance adviser Salehuddin Ahmed on Tuesday said that they might drop the undisclosed money legalisation facility from the measures proposed in the national budget for the 2025-26 financial year.
Undisclosed money legalisation continues for real estate investments
The interim government has retained the opportunity to invest undisclosed money in real estate sector, particularly through the purchase or construction of apartments and buildings albeit with a sharp increase in associated tax rates...
Vision AC launches money-back offer
Vision on Wednesday launched its 鈥楳oney back guarantee offer鈥� campaign in an event 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...
Money exchanger shot, robbed of Tk 22 lakh in Mirpur
A money exchange trader was shot and robbed of about Tk 22 lakh, including foreign currencies, in broad daylight in Dhaka鈥檚 Mirpur area Monday morning...
Suspicious transactions of money rise by 56pc
The number of reports on suspicious transactions and activities related to money laundering rose by 56.41 per cent in July-May period of the financial year 2024-25 amid increased cash transactions and fraudulent activities following the political shift on August 5, 2024...
Int鈥檒 community active to send back laundered money: BB governor
Regarding the issue of bringing back the money laundered abroad, Bangladesh Bank governor Ahsan H Mansur said that this is a political commitment of the interim government...
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...
No printing of money for FY26 budget: adviser
Finance adviser Salehuddin Ahmed on Tuesday said that the forthcoming national budget for the 2025-26 financial year would be a realistic one and there would be no printing of money for meeting the budget deficit...
ACC sues ex-MP Rubina, her husband
The Anti-Corruption Commission on Tuesday filed two cases against former lawmaker Syeda Rubina Akter Meera and her husband Md Mosharraf Hossain Raja allegedly for amassing illegal assets and laundering money...
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...
Return of money embezzled by Mosaic Brands, trial in int鈥檒 court demanded
Bangladesh Garment Sramik Samhati along with labour representatives of 22 factories, affected in an alleged financial fraud by an Australian brand, on Saturday held a demonstration and submitted a memorandum to the Australian High Commission in Dhaka...
Major parties for no floor crossing on no-confidence
Major political parties, opposed to one another in field politics, wanted Article 70 of the constitution reformed but restricting lawmakers from voting against party decisions on money bill and no-confidence motion...
鈥業nter-agency taskforce working to recover laundered money鈥�
Bangladesh Bank governor Ahsan H Mansur said that the Bangladesh Financial Intelligence Unit, the central bank and other government organisations were working to bring back laundered money by forming an inter-agency taskforce.
bKash agents allowed to receive, transfer e-money all day long
bKash agents can now receive and transfer e-money all day long through Agent app, 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...
NCC Bank observes Financial Literacy Week
NCC Bank celebrated Financial Literacy Week 2025 with the theme 鈥楾hink Before You Follow, Wise Money Tomorrow鈥�, which focused on integrating unbanked and marginalised people into the financial system...
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...