Dhaka, July 14 -- Bangladesh Bank on Monday issued an urgent directive warning all non-bank financial institutions operating in the country about a rising trend of fraudsters impersonating officials of the Anti-Corruption Commission (ACC) to extort money.

The central bank's directive instructs non-bank financial institutions to immediately seek assistance from local administration and law enforcement agencies if anyone attempts to intimidate or solicit money by using the names of the ACC Chairman, Commissioners, or any other ACC official.

The central bank says these fraudulent activities have come to the government's attention.

This central bank circular follows two separate directives issued earlier by the Cabinet Division and the Min...