BB governor: Int’l agreements being signed to identify, freeze laundered assets
Initiatives have been taken to amend the "Distressed Asset Management Act" and the "Money Loan Court Act" to allow for judicial settlement within six months in order to curb defaulted loans and money laundering, announced Bangladesh Bank governor Md Mostaqur Rahman. He stated that agreements are being made at the international level to identify and freeze assets laundered out of the country....…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
