Up to $15 billion is laundered annually from Bangladesh during the most recent tenure of the Awami League
The executive director of TIB stated at the ERF event.
Iftekharuzzaman, executive director of Transparency International Bangladesh (TIB), stated today that each year, approximately $12 billion to $15 billion was laundered from Bangladesh during the most recent Awami League-led government. He identified trade-based money laundering as a primary method. While recovering laundered funds is feasible, it remains a lengthy process, he noted.
He emphasized that politics, bureaucracy, and business sectors need to act more responsibly to curb money laundering. His remarks were made at a seminar on money laundering and recovery strategies, held at the Economic Reporters' Forum office in Dhaka.
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