The Anti-Corruption Commission on Sunday filed another four cases against former Basic Bank chairman Sheikh Abdul Hye Bacchu and his family members, accusing them of amassing illegal wealth amounting to Tk 248 crore and laundering money to Canada...
The Anti-Corruption Commission on Tuesday filed cases against four people including Max Group chairman Golam Mohammed Alamgir and former deputy secretary Syed Mujibul Haque on charges of amassing illegal wealth and embezzling money...
THE persistent depreciation of the taka against the US dollar has become a focal point. This decline, gradual thouhg, has intensified over the past decade, triggering questions about its causes, implications and solutions. While the weakening of the taka has multiple contributing factors, such as non-performing loans from multilateral development banks...
Former Bangladesh Bank deputy governor Sitanshu Kumar Sur Chowdhury on Monday was shown arrested in a money laundering case filed by the Anti-Corruption Commission over the Hallmark Group loan scam seven years ago...
The son of Sri Lanka’s former president Mahinda Rajapaksa was banned on Monday from leaving the island nation following his arrest for alleged money laundering...
Muggers allegedly stabbed two money-changers and looted Tk 1 crore worth of foreign currencies in capital’s Gulshan area on Tuesday night...
Mercantile Bank Training Institute has organised a daylong workshop on ‘Prevention of money laundering and combating financing against terrorism’ at its premises recently, said a press release...
The Bangladesh Financial Intelligence Unit has taken steps to initiate legal proceedings to recover Tk 15,000 crore allegedly accumulated through suspicious transactions and money laundering...
The Bangladesh Financial Intelligence Unit has launched a joint investigation into allegations of illegal wealth accumulation and money laundering by ousted prime minister Sheikh Hasina and her family members...
The government has so far failed to bring former NRB Global Bank managing director Proshanta Kumar Halder, also known as PK Halder, who is facing money laundering charges, back to the country from India.
The ruling said that a Supreme Court decision granting presidents sweeping immunity for official acts did not apply as testimony at the trial related ‘entirely to unofficial conduct entitled to no immunity protections’...
Manhattan prosecutors renewed their opposition Tuesday to President-elect Donald Trump’s efforts to quash his hush money conviction, but accepted pausing the case while he is president...
The Appellate Division of the Supreme Court on Tuesday stayed seven-year jail sentence of the Bangladesh Nationalist Party acting chairman Tarique Rahman and businessman Giasuddin Al Mamun in a case lodged over money laundering...
AN INVESTIGATIVE report by a British news agency once again shows that politicians and businesspeople linked to the deposed Awami League have laundered huge wealth off Bangladesh. The report, conducted by the Observer in collaboration with Transparency International that British newspaper Guardian published on November 30, shows that prominent Bangladeshi politicians and businesspeople own top-flight...
Police on Saturday recovered the stolen money of Tk 23.50 lakh from Chattogram’s Bandar Tila area and arrested Md Masum Hawlader, alias Masum, 26, in this connection...
The Foreign Exchange Policy Department of the Bangladesh Bank has issued three new directives concerning foreign currency exchanges for private travel entitlements through licenced money changers...
The interbank call money rate has crossed 10 per cent after nearly 11 years following an increase in the policy rate by the Bangladesh Bank...
Bangladesh Financial Intelligence Unit on Thursday froze the bank accounts of NRB Commercial Bank chairman SM Parvez Tamal, its vice president Md Jafar Iqbal Howlader and former executive committee chairman Adnan Imam and their companies...
Bangladesh Bank governor Ahsan H Mansur said on Monday that they were expecting officials in justice and treasury departments of the United States in Dhaka the next week.
The United States embassy in Dhaka, in collaboration with Bangladesh law enforcement agencies, on Sunday launched a comprehensive anti-money laundering and counter-threat finance...
Bangladesh loses approximately $13 billion every year to illicit financial outflows, creating significant challenges in recovering this vast amount, according to Iftekharuzzaman, executive director of Transparency International Bangladesh...
The Criminal Investigation Department of the police has started an inquiry against former land minister Saifuzzaman Chowdhury over allegations of laundering money to the United States, the...
The United States has assured Bangladesh of providing support to recover its stolen money.
The Anti-Corruption Commission filed two separate cases against the former mayor of Rajshahi’s Bagha municipality on charges of embezzling public money...
The interbank call money rate on Monday surged to nearly 10 per cent following an increase in the policy rate by the Bangladesh Bank...
Labour and Employment adviser Asif Mahmud Shojib Bhuyain on Saturday said that despite actions against business owners involved in money laundering and various crimes, their businesses would continue to operate...
The Anti-Corruption Commission on Wednesday filed a case against seven people including former home minister of Awami League government, Muhiuddin Khan Alamgir, under the...
The Bangladesh Financial Intelligence Unit on Monday froze bank accounts of Bangladesh Workers Party president Rashed Khan Menon and folk singer and former Awami League lawmaker Momtaz Begum...
Bangladesh and the United States have discussed ways for strengthening collaboration to counter corruption, tackle money laundering and recover stolen assets.
The police have arrested six people on charges of cheating and looting money and seized Taka 57.50 lakh in Mirpur, Dhaka.
