Dhaka, May 19 -- Bangladesh Bank Governor Ahsan H Mansur has said it is quite possible to freeze the money and assets laundered abroad from Bangladesh within a year if the process can be expedited.

"Generally four to five years are required to complete the legal procedures to bring back the laundered money. But some intermediate measures like freezing the assets could be done," he said adding "it may take one year or less than one year time."

BB Governor said this at a press briefing at Foreign Service Academy here this afternoon after a meeting on the progress of recovering the laundered money.

The meeting was held at the State Guest House Jamuna with Chief Adviser Professor Muhammad Yunus in the chair.

Mansur said, "To do so, the le...