How Hazari laundered Tk200 crore in US
How Hazari laundered Tk200 crore in US

Former MP Nizam Uddin Hazari has embezzled hundreds of crore taka with his human trafficking trap across the country. There have been suspicious transactions of more than 548 crore taka in his various bank accounts. His manpower export business syndicate was controlled by Zeenat Rizwana, who...

'Digital Arrest' scammers stealing people's savings in India
'Digital Arrest' scammers stealing people's savings in India

Within five hours while sitting at home in India, retired professor Kamta Prasad Singh handed over his hard-earned savings to online fraudsters impersonating police. The cybercrime known as digital arrest -- where fraudsters pose online as law enforcement officials and order people to transfer...

Govt to appoint foreign lawyer to recover siphoned money
Govt to appoint foreign lawyer to recover siphoned money

Bangladesh Bank Governor Dr Ahsan H Mansur on Saturday announced that the interim government will hire foreign lawyers to recover funds siphoned abroad, offering commissions as incentives for retrieving large amounts, reports BSS. Money had been siphoned abroad, and we are now working with...

Money laundering has stopped: BB Governor
Money laundering has stopped: BB Governor

The Bangladesh Bank (BB) Governor Ahsan H Mansur said Saturday that money laundering from the country has come to an end, attributing the shift to the establishment of good governance. Speaking at the Branding Bangladesh event in the capital, He highlighted the nations economic resilience,...

Saving money is the worst financial move
Saving money is the worst financial move

The author of international bestseller book Rich Dad Poor Dad, Robert Kiyosaki made an unbelievable statement regarding the money management. He said though we are destined for greatness, we truly destined for is mediocrity both financially and in life. Get good grades, so youll get into a...

Minimal progress, excessive hype
Minimal progress, excessive hype

Despite widespread calls to recover money smuggled out of the country over the years, progress has been minimal. International organizations such as the World Bank, IMF, GFI, and ADB have publicly pledged support, but tangible results remain elusive. To date, the limited progress made has mainly...

Hidden salaries of foreign NGO executives in Bangladesh
Hidden salaries of foreign NGO executives in Bangladesh

Foreign executives of NGOs operating in Bangladesh are using concealed salary structures to evade taxes and launder money abroad, revealed a media report. This malpractice raises concerns over regulatory lapses, particularly in NGOs overseen by the NGO Affairs Bureau. Among the cases...

Judge denies Trump petition to dismiss hush-money case
Judge denies Trump petition to dismiss hush-money case

A judge on Monday ruled that Donald Trumps conviction for falsifying records to cover up a sex scandal should stand, reports the Guardian. Citing a court filing, the media reported that the court rejected the US president-elects argument that it should be dismissed because of the US Supreme...

Money forcibly taken from 40 individuals and industries
Money forcibly taken from 40 individuals and industries

The 1,232 crore taka, taken illegally from several businesses and individuals during the previous caretaker government, continues to be stored in Bangladesh Bank. Even after seeking help from the countrys higher courts, the affected parties have been unable to retrieve the money. Following appeals...

Hackers steal $17m from Uganda central bank
Hackers steal $17m from Uganda central bank

Offshore hackers stole around 17 million US dollars from the central bank of Uganda, citing state owned New Vision, Reuters reported. The repost says: The hackers, identifying themselves as Waste, reportedly accessed the Bank of Ugandas IT systems and illicitly transferred 62 billion Ugandan...

What lies ahead for the youth?
What lies ahead for the youth?

A survey by the private organization Youth Matters reveals that 42% of Bangladeshi youth aspire to move abroad. Is this number surprisingly low or high? It likely depends on the demographic surveyed. If the sample included youth from both urban and rural areas, the figure might be representative....