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Bangladesh Bank Governor Mostakur Rahman has affirmed that the recovery of funds laundered abroad during the previous Awami League government will continue under the interim administration and beyond. Speaking at a meeting with chief executives of 37 banks on Tuesday, he said political pressure would not halt the process, emphasizing that retrieving public money remains the central priority. The meeting reviewed progress on repatriating illicit funds and discussed next steps for the banking sector.
Association of Bankers Bangladesh (ABB) Chairman and City Bank Managing Director Masrur Arefin told reporters that banks accused of involvement in money laundering have already hired eight to ten international law firms to pursue legal cases abroad. He noted that legal experts estimate the recovery process could take three to five years, but expressed optimism about eventual success.
The interim government has also formed 11 investigation teams to probe alleged corruption, bribery, and money laundering involving former Prime Minister Sheikh Hasina’s family and ten major business groups. The Anti-Corruption Commission leads the investigations, supported by the CID, NBR, BFIU, and the Attorney General’s Office.
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