Dhaka, April 12 -- Bangladesh Bank (BB) is set to freeze several foreign assets suspected to have been acquired through laundered money within the next six months, as part of a broader initiative to recover illicit funds and strengthen financial accountability, Governor Ahsan H Mansur announced on Friday.
Speaking at a press briefing held at the central bank's Chattogram branch, Governor Mansur stated:"The concept of repatriating laundered money is relatively new to us. We are actively learning and consulting with international law firms and government agencies in jurisdictions where we suspect significant funds have been transferred.
Additionally, we are collaborating with asset-tracing firms. Once we have conclusive evidence, we will ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.