Despite substantial evidence of undeclared assets belonging to former land minister Saifuzzaman Chowdhury Javed and his wife Rukhmila Zaman Chowdhury, the authorities concerned have failed to take action for an extended period. The Transparency International Bangladesh (TIB) highlighted this case as a clear example of partisanship and ineffectiveness within key institutions,
Tag: BFIU
BFIU suspends 21,725 MFS accounts
Bangladesh Financial Intelligence Unit (BFIU) has suspended 21,725 accounts belonging to different Mobile Financial Services (MFS) for their alleged involvement in online gambling and hundi. Deputy Chief Officer AFM Shahinul Islam of BFIU briefed reporters about the decision on Wednesday. Most of these accounts are from Bkash, Nagad, and Rocket and MFS
Anti-Money Laundering workshop held in Kishoreganj
Bangladesh Financial Intelligence Unit (BFIU) organized training on prevention of money laundering and countering the financing of terrorism under the leadership of Islami Bank Bangladesh PLC for the officials of all scheduled banks of Kishoreganj District at a convention center in Kishoreganj recently, a press release said on Sunday. Presided
Properties In Dubai: HC orders investigation by ACC, 3 agencies
The High Court on Sunday ordered four agencies, including the Anti-Corruption Commission (ACC), to investigate about properties of 459 Bangladeshi nationals in Dubai.The other agencies are Bangladesh Financial Intelligence Unit (BFIU), Criminal Investigation Department (CID) and National Board of Revenue (NBR).The HC bench of Justice Md Nazrul Islam Talukder and
Suspicious transactions up by 62.32pc in FY22: BFIU
Despite strengthening monitoring to stop money laundering, suspicious transaction teport (STR) has increased by 62.32 percent in the fiscal year 2021-22. According to a report of Bangladesh Financial Intelligent Unit (BFIU), a concern of Bangladesh bank, 8571 STR occurred in FY22; it was 5280 in FY21. In a fiscal year,
Black Money Recovery: HC gives BFIU 3 months to sign pacts with 10 countries
The High Court has given Bangladesh Financial Intelligence Unit (BFIU) three months to sign mutual legal assistance (MLA) pacts with 10 countries for obtaining information and proof required to recover black money stashed abroad. A HC bench of justices Md Nazrul Islam Talukder and Khijir Hayat passed the order on Wednesday. Deputy
Info of Bangladesh money in Swiss banks: BFIU submits report to HC
Bangladesh Financial Intelligence Unit (BFIU) on Sunday submitted a report to the High Court (HC) stating that the information regarding deposits of 67 Bangladeshis in various Swiss banks were sought from FIU (Financial Intelligence Unit) of Switzerland. But the Swiss authorities only provided the details of one individual in this regard
BFIU sought illegal money info from Swiss banks repeatedly: BB
Bangladesh Financial Intelligence Unit (BFIU) repeatedly sought information from different countries including Switzerland about money laundered by Bangladeshis, said Bangladesh Bank (BB). In response to a query on Saturday regarding the recent statement of the Swiss Ambassador, Md Serajul Islam, executive director and spokesperson of BB, said, "I have nothing to
BFIU, BRAC Bank organize CFT training
Specialists of Financial Intelligence Unit (BFIU), with support from BRAC Bank, have organized a daylong training session on 'Prevention of money laundering and terrorist financing' in order to enable the banking professionals in northern Bangladesh to handle the subject better. The daylong training programme was held at MedhaOnushilon Kendra of Eco-Social