Dhaka, Sept. 30 -- Finance Adviser Salehuddin Ahmed said that companies are "smarter" than the government. It is because of this smartness that they have been able to launder so much money. "Now I realize how many kinds of tricks are involved in money laundering within companies," he said.

He made this remark on Monday while speaking as the chief guest at the inauguration of the academic activities of the Economic Reporters Forum (ERF) Institute in Paltan, Dhaka. A seminar on "Financial Transparency in the Corporate Sector" was also held at the event organized by ERF.

Finance Secretary Md. Khairuzzaman Mozumder, Financial Reporting Council (FRC) Chairman Md. Sajjad Hossain Bhuiyan, President of the Institute of Chartered Accountants of ...