Bangladesh Bank Governor Dr. Ahsan H. Mansur has revealed that the country’s banking sector has become a major victim of money laundering. Over the past 15 years, approximately Tk 5 trillion (500,000 crore) has been misappropriated. He said major business groups and families have laundered Tk 250,000 to 300,000 crore abroad. One large group from Chattogram alone siphoned off nearly Tk 150,000 crore. Dr. Mansur assured that action will be taken upon receiving concrete allegations. Despite the losses, he said the country’s stock market and foreign reserves remain stable, exports are increasing, inflation is at a manageable level, and regular LNG imports are helping maintain stable electricity production.