No official record of a single taka taken out of country, yet he and his wife obtain citizenship of Cyprus through investment, go on property-buying spree in Singapore

"There is nothing to worry about the new visa policy," he said

The awareness regarding trade-based money laundering was low four years ago, but over- and under-invoicing of values have reduced as prices are monitored, said ABB Chairman Selim RF Hussain.

The key to the ACC’s effectiveness in delivering its mandate is independence, especially when setting the example that, in handling allegations of corruption, it is guided by equality before law, and not by the status or identity of the individual depending on their political, governmental, or other connections.

Sabiha Saiki Fashion shipped 85 consignments worth Tk 22 crore through Ctg port in the last three years using fake documents

A huge amount of money is being laundered from Bangladesh to different countries, including Canada’s Begumpara and the UAE’s Dubai, said Agriculture Minister Muhammad Abdur Razzaque.

The Criminal Investigation Department has found involvement of at least 30 people in laundering Tk 2,000 crore while investigating a case filed against two Faridpur brothers Sajjad Hossain Barkat and Imtiaz Hasan Rubel. 

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday. 

Money laundering cases are not making much headway for a lack of cooperation from foreign countries, bureaucratic complexities and a shortage of skilled lawyers, said officials of the Anti-Corruption Commission.

We are told that taka is available, and then it’s not there anymore.

While the government is distracted by elections, the financial economy will suffer

Bangladesh welcomed 2022 on a strong footing and was about to recover from the coronavirus pandemic in full swing and fire on all cylinders. In fact, economic activities were almost back to the pre-Covid level.  

Reevaluating economic policies and practices is the need of the hour

Misgovernance, corruption, nepotism and subsequent bad debts keep plaguing our banking landscape.

An unholy nexus of powerful people are protecting those who've stolen thousands of crores.

The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.

The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.

The Anti-Corruption Commission has pressed charges against nine people, including five former members of the board of trustees of North South University for laundering around Tk 304 crore.

A Dhaka court today (October 20, 2022) extended bail of expelled Jubo League leader Ismail Hossain Chowdhury Samrat until November 8 in a case filed for laundering around Tk 222 crore and channeling it to casinos in Singapore and Malaysia between 2011 and 2018.

Comprehensive reforms needed to boost investment, sustain growth