Thousands of crore taka laundered through internet gateway  licenses
Thousands of crore taka laundered through internet gateway licenses

Thousands of crore taka have been laundered through licensing scheme for international communication services, say officials from the Anti-Corruption Commission (ACC). The licenses, issued in 2012 by the Bangladesh Telecommunication Regulatory Commission (BTRC), were granted based on political...

US Secret Service to train Bangladeshi officials in combating money laundering and terror financing
US Secret Service to train Bangladeshi officials in combating money laundering and terror financing

The United States Secret Service will train the officials of six Bangladeshi agencies to enhance their ability to tackle money laundering and terror financing. Around 60 officials of the Bangladesh Financial Intelligence Unit (BFIU), four units of Bangladesh Police including the Criminal...

Beximco's theft of over 1000 crore taka from five banks
Beximco's theft of over 1000 crore taka from five banks

Serious allegations have emerged against two companies of the Beximco Group Beximco Limited and Bextex Garments. They are accused of embezzling a staggering one thousand crore taka through transactions among five banks. In 2011, these two companies secured loan agreements totaling six hundred...

Bangladesh, US discuss collaboration to tackle money laundering
Bangladesh, US discuss collaboration to tackle money laundering

Bangladesh and the Unites States have discussed strengthening collaboration to counter corruption, tackle money laundering, and recover stolen assets, state news agency BSS reported. The discussion took place at a meeting between Bangladesh Foreign Secretary Md Jashim Uddin and US Acting...