Dhaka, May 20 -- Bangladesh Bank Governor Ahsan H Mansur on Monday said that it is possible to freeze money and assets laundered abroad from Bangladesh within a year if the legal and procedural steps are expedited.
"Typically, it takes four to five years to complete the legal procedures to repatriate laundered funds. However, intermediate measures such as freezing those assets can be achieved within a year-or even sooner," he said at a press briefing held at the Foreign Service Academy in Dhaka.
The briefing followed a high-level meeting on the progress of recovering laundered money, chaired by Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna.
Governor Mansur explained that to freeze assets abroad, Bangladesh must f...