In the space of just one era, Abdullah Hil Rakib became the owner of a huge wealth from the employee of a buying house. He is in the leadership of BGMEA. He has a dozen of businesses in the country including garments, pharmaceutical companies under his ownership. Not only in the
Tag: Money laundering
300 bank accounts freezed in crackdown on money laundering
The Bangladesh Financial Intelligence Unit (BFIU) has frozen nearly 300 bank accounts since August 5 as part of an intensified effort to combat money laundering. Significant sums of money are involved, according to officials, who noted that this move forms part of a broader initiative aimed at identifying and halting the
SJIB holds workshop on money laundering
In collaboration with Shahjalal Islami Bank PLC (SJIB), Bangladesh Financial Intelligence Unit (BFIU) organized day long workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” on 13th July with the participation of 65 branch representatives from 27 Scheduled banks located in Chuadanga District. In the workshop the Director
Enu, Rupon jailed for 7 years in money laundering case
A Dhaka court today sentenced expelled vice president of Gandaria Thana Awami League Enamul Haque Enu and its joint secretary Rupon Bhuiyan to seven years of imprisonment in a case lodged under the Money Laundering Act. Judge Mohammad Badrul Alam Bhuiyan of Dhaka Special Judge Court-8 handed down the verdict today. On
BRAC Bank holds conference on money laundering
BRAC Bank has organized an Anti-Money Laundering (AML) Conference on ‘Contemporary Risks & Challenges’, on November 25 at the Convention Hall of Gulshan Shooting Club, to increase its employees’ knowledge of AML issues, press release said Monday. Md. Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU), attended the conference
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
PBL holds Training on prevention of money laundering
Prime bank Limited (PBL) as Lead Bank arranged a day-long training in Sherpur district on “Prevention of Money Laundering and Combating the Financing of Terrorism” initiated and supervised by Bangladesh Financial Intelligence Unit (BFIU) on 15th July 2023 for the commercial banks operating in Sherpur. The training program was inaugurated
Prime Bank holds training on “Prevention of Money Laundering and Terrorist Financing”
Prime Bank’s AML & CFT Division recently organized a day-long training and awareness program on “AML & CFT Compliance” at a local conference hall in Sylhet, a press release said on Wednesday. The program was inaugurated byRup Ratan Pine, Executive Director (Current charge) of Bangladesh Bank, Sylhet Office as the
NBL holds workshop on money laundering
National Bank Limited (NBL) organized a day-long workshop titled ‘Prevention of Money Laundering and Combating the Financing of Terrorism’ at the banks training institute on 4 February 2023, a press release said Sunday. Hossain Akhtar Chowdhury, DMD and CAMLCO, was present at the workshop as chief guest. Md. Abdul Wahab,
Challenges of preventing Credit Backed Money Laundering
Money laundering (ML) has become a matter of great concern around the world having profound negative impacts on both economy and society. Different types of perils such as reputational risk, operational risk, legal risk and concentration risk may be emerged due to ML. The well-known American Mafia, Alphonse Gabriel Capone