Dhaka, June 14 -- Although repatriating illicit wealth - often stashed in complex offshore networks - requires costly and prolonged litigation, the country is finally taking meaningful steps to reclaim tens of billions allegedly siphoned abroad during Sheikh Hasina's 15-year tenure.
The interim administration, led by Nobel Peace Prize laureate Muhammad Yunus, has launched a determined asset recovery campaign. Dr. Yunus's recent appeal to UK authorities is a call to conscience and legality.
According to a report published in The New Nation on Friday, Bangladesh Bank Governor Ahsan H. Mansur has indicated that civil settlements may be pursued in less egregious cases. While such a strategy risks accusations of leniency, it is pragmatic.
If ...