Dhaka, Feb. 10 -- Finance Adviser Dr Salehuddin Ahmed on Tuesday said the government has made substantial progress in identifying individuals and destinations involved in money laundering, though recovering the funds remains a complex and lengthy process.

"Identifying money laundering is difficult, but you are aware that we have streamlined the processes," he said while speaking to reporters after a meeting of the Advisers Committee on Government Purchase.

The adviser acknowledged that detecting illicit financial flows is inherently difficult but stressed that institutional mechanisms had been strengthened during his tenure.

Upon assuming office, Dr Salehuddin said, he convened a meeting on money laundering that had not been held for f...