US to support Bangladesh in recovering stolen money: Helen LaFave
The United States has assured Bangladesh of providing support to recover its stolen money.
Tags : money
ACC sues former Bagha mayor for embezzlement
The Anti-Corruption Commission filed two separate cases against the former mayor of Rajshahi鈥檚 Bagha municipality on charges of embezzling public money...
Call money rate nears 10pc amid policy rate hike
The interbank call money rate on Monday surged to nearly 10 per cent following an increase in the policy rate by the Bangladesh Bank...
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.
Police arrest six on charge of cheating flat buyer, seize Tk 57.50 lakh
The police have arrested six people on charges of cheating and looting money and seized Taka 57.50 lakh in Mirpur, Dhaka.
UK assures ACC of assistance in bringing back laundered money
The British delegation assured the Anti-Corruption Commission of Bangladesh of assistance in bringing back laundered money from the United Kingdom to Bangladesh...
4 struggling banks given Tk聽945 crore in loans to return depositors鈥� money
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 Launches 鈥楶remier Bank Green Pin鈥� Service
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.
ACC sends 71 letters abroad, gets 27 replies
The Anti-Corruption Commission has so far sent 71 Mutual Legal Assistance Requests to different countries seeking cooperation for repatriating laundered money...
Roadmap for recovery of laundered money a must
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...
World Bank offers to assist ACC to recover laundered money
The World Bank offered assistance to the Anti-Corruption Commission in collecting documentary evidence for the recovery of laundered money...
BB raises policy rate to 10pc to curb inflation
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...
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...
Five crisis-hit banks to get cash support to return depositors鈥� funds
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...
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...
Govt should mend loopholes in energy import for rental power
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...
NBR chair for ensuring 鈥榲alue for money鈥櫬�
National Board of Revenue chairman Md Abdur聽Rahman Khan on Saturday emphasised ensuring 鈥榲alue for money鈥� of the taxes being聽paid by the country鈥檚 esteemed taxpayers alongside rendering due services to聽them in a prompt manner...
UCB Investment gets Euromoney, FinanceAsia recognition
UCB Investment Limited has been recognised as the 鈥楤est Investment Bank in Bangladesh鈥� by Euromoney Awards for Excellence 2024 and the FinanceAsia Award 2024, said a press release...
Switzerland to cooperate in repatriating illegal assets of Bangladesh nationals
Switzerland pledged to fully cooperate in repatriating illegal money deposited by Bangladeshi nationals in Swiss banks, in accordance with international standards and procedures...
Govt must expedite recovery of money siphoned off
THE main challenge for the interim government in rebuilding the economy is to bring back the money laundered during the authoritarian Awami League regime toppled on August 5. The economic crisis, especially the dollar shortage, has largely been due to an unabated capital flight. A statement of the chief adviser鈥檚 office on August 31 said preliminary...
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...
RU teacher relieved of academic duties for corruption
A Rajshahi University teacher was relieved of academic and examinations activities on Monday on charge of corruption, arbitrariness, money embezzlement, and misbehaving with the students...
Tk 60,000cr printed money blamed for high inflation
Finance, commerce and science and technology adviser Salehuddin Ahmed on Monday said that release of printing money worth around Tk 60,000 crore by the ousted government was the major bar to bringing down the runaway inflation...
US judge delays Trump sentencing until election
Sentencing for Donald Trump in his New York hush money trial was delayed on Friday until after November鈥檚 election, a win for the Republican as he battles Kamala Harris in the knife-edge White House race...
Govt scraps black money whitening facility in Bangladesh
The National Board of Revenue officially scrapped the option for taxpayers to legalise undisclosed income by paying a 15 per cent tax without undergoing any scrutiny.
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...