The White Paper on the state of Bangladesh’s economy will include a review of “smuggled money”, according to the head of the committee, Debapriya Bhattacharya, entrusted to prepare the White Paper. We strongly endorse this initiative given the huge scale of stolen assets, but it must not end with a review.
Tag: recovering
Recovering Bangladesh’s stolen wealth
Bangladesh bleeds as over US$3 billion drains from Bangladesh annually through offshore accounts. According to a recent report, close to US$150 was siphoned off the country during 15 years of kleptocratic Hasina regime’s mis-rule. Nearly US$50 billion went out of the country in the first six years (2009-2015) of the
EU assures BNP of its help in recovering siphoned money abroad, says Khosru
Acting Ambassador of the European Union to Bangladesh Bernd Spanier on Monday met BNP Secretary General Mirza Fakhrul Islam Alamgir and discussed various issues related to Bangladesh’s economic development and democratic transition. During the hour-long meeting, which started around 10:30 am at the BNP Chairperson’s Gulshan office, Spanier assured the EU’s