More than two and a half years after his arrest by India’s Enforcement Directorate (ED) in a money laundering case, Bangladeshi businessman Prashanta Kumar Halder, known as PK Halder, walked out of jail after a special court in Kolkata granted him bail.
The Anti-Corruption Commission has decided to launch an investigation against former prime minister Sheikh Hasina and her son Sajeeb Wazed Joy on allegations of laundering $300 million to the United States.
Corruption, embezzlement, and money laundering have been endemic in Bangladesh but reached new heights during the last 15 years of the now-toppled regime led by the Awami League.
The spirit of 1971 lives on, and it is up to the present generation to ensure that its promises are fulfilled.
A government taskforce will investigate the country’s 10 major business groups’ alleged money laundering and other misdeeds.
A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.
Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.
Britain expects the interim government to lay out the vision of how it will restore peace, democratic governance, and promote national reconciliation, said UK Minister for the Indo-Pacific Catherine West.
Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.
More than two and a half years after his arrest by India’s Enforcement Directorate (ED) in a money laundering case, Bangladeshi businessman Prashanta Kumar Halder, known as PK Halder, walked out of jail after a special court in Kolkata granted him bail.
The Anti-Corruption Commission has decided to launch an investigation against former prime minister Sheikh Hasina and her son Sajeeb Wazed Joy on allegations of laundering $300 million to the United States.
Corruption, embezzlement, and money laundering have been endemic in Bangladesh but reached new heights during the last 15 years of the now-toppled regime led by the Awami League.
The spirit of 1971 lives on, and it is up to the present generation to ensure that its promises are fulfilled.
A government taskforce will investigate the country’s 10 major business groups’ alleged money laundering and other misdeeds.
A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.
Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.
Britain expects the interim government to lay out the vision of how it will restore peace, democratic governance, and promote national reconciliation, said UK Minister for the Indo-Pacific Catherine West.
Bangladesh has intensified its efforts to sign bilateral deals with different countries with the view to recovering funds illegally taken abroad, said Bangladesh Bank Governor Ahsan H Mansur.
Between $12 billion and $15 billion was siphoned out of the country every year over the last 15 years, said Iftekharuzzaman, executive director of Transparency International Bangladesh.
