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
Tag: Money laundering
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
Samrat’s bail extended in money laundering case
A Dhaka court on Monday extended the bail of expelled Jubo League leader Ismail Hossain Chowdhury Samrat until October 20 in a money laundering case. Judge Al Asad Md Asifuzzaman of the Special Judge's Court-6 passed the order after Samrat's lawyer Afroza Shahanaz Parvin Hira submitted an application, seeking permanent bail
PK Halder, 13 others indicted in money laundering case
A Dhaka court on Thursday framed charges against Proshanto Kumar Halder, disgraced director of International Leasing and Finance Service Ltd (ILFSL), and 13 others in a case over laundering money and amassing illegal assets. The other accused are- PK Halder's mother Lilabati Halder, Purnima Rani Halder, Uttam Kumar Mistry, Amitabh Adhikari,
Probe into money laundering by Samrat stuck
The Criminal Investigation Department’s investigation in the case against expelled Juba League leader Ismail Hossain Chowdhury Samrat over laundering Tk 195 crore has remained stuck for nearly two years. The CID investigation in the case against another expelled JL leader Khaled Mahmud Bhuiyan over laundering Tk 8 crore has also remained