Bangladesh, March 12 -- Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood said on Monday that the commission asked the National Board of Revenue (NBR) to submit a report on businesses involved in over-invoicing in trade transactions, terming it a key means of money laundering.

"Billions of taka have been siphoned off over the years. This huge sum of money didn't get out of the country via hundi," he said, adding that the commission figured out that money laundering has been taking place through over-invoicing of goods and services.

The ACC chairman made the remarks at a view-exchange meeting on the 'Work Plan-2019' of the commission with senior journalists at its headquarters in the city.

The NBR has already fined several businesse...