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Roadmap for recovery of laundered money a must

IT IS promising that the government has reconstituted an inter-agency task force meant to bring back money that has been illegally taken abroad. In January 2023, the taskforce was formed by the deposed Awami League government but remained ineffective in repatriating stolen funds. In what follows, the reconstitution of the taskforce is a right step forward...

Recovering stolen wealth

BANGLADESH bleeds as over $3 billion drains from Bangladesh annually through offshore accounts. According to a recent report, close to $150 billion was siphoned off the country during 15 years of kleptocratic Hasina regime’s misrule. Nearly $50 billion went out of the country in the first six years (2009–2015) of the Hasina regime...