Bangladesh, Sept. 17 -- Mentioning trade-based money laundering as one of the key reasons for capital flight from the country, the Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood emphasised effective coordination among the revenue authority and central bank.
He said, "The commission has sent a letter to the National Board of Revenue (NBR) expressing its interest to sign a memorandum of understanding (MoU) to pull the rein of money laundering."
He made the remarks at a meeting with the Resident Legal Advisor at the US Department of Justice Eric Opanga to strengthen mutual cooperation between the two parties at the ACC headquarters in the city's Segunbagicha.
The ACC chairman said money laundering might be checked through implement...