Dhaka, May 19 -- The government is set to launch a management fund to handle recovered money and assets seized from financial offenders, Bangladesh Bank Governor Dr Ahsan H Mansur said on Monday.

He said the fund will be used to support the country's poor and underprivileged population, UNB reports.

The announcement came following a high-profile meeting on the repatriation of laundered money, chaired by Chief Adviser Professor Muhammad Yunus, at the Foreign Service Academy.

Present at the briefing were Governor Ahsan H Mansur, Chief Adviser's Press Secretary Shafiqul Alam, and Head of the Bangladesh Financial Intelligence Unit (BFIU) AFM Shahinul Islam.

Governor Mansur said the fund, to be formally established soon, will ensure contin...