Dhaka, Dec. 18 -- Bangladesh has strengthened its legal and institutional initiatives to bring back money laundered abroad, Bangladesh Bank Governor Dr Ahsan H Mansur said on Wednesday.

Speaking to journalists at the Bangladesh Secretariat, the governor said notable progress has been made in identifying cases and pursuing legal actions, though recovering assets from foreign jurisdictions remains a time-consuming and complicated process.

"Repatriating money from abroad generally takes at least four to five years. That is the reality of international legal mechanisms," he said.

Dr Mansur confirmed that several cases have already been filed and that further details would be shared through an official press release later in the day.

He ad...