Bangladesh’s central bank is launching a major initiative to recover $25 billion laundered abroad, targeting 11 influential families suspected of illicit financial transfers to the UK, UAE, USA, Malaysia, and Singapore. Al Jazeera reports that a single family is accused of laundering assets worth $15 billion, including withdrawing 90% of deposits from a single bank. Governor Ahsan H. Mansur confirmed that Bangladesh Bank has begun discussions with British authorities and legal experts in London to seize and repatriate the stolen funds.