Money Laundering

Billion dollars in the name of a Bangladeshi in Singapore, ACC wants back money

On Thursday (November 26), he said, "The process of bringing him back from Singapore is very difficult, but possible. Earlier, after taking part in a media talk show, the name of the person came up in the discussion." 

Khurshid Alam Khan said, "The Bangladeshi citizen who came up in the discussion has more than a billion US dollars in a bank in Singapore. There is no claimant of this huge amount of money. Bangladesh has claimed ownership of the money. Trying to bring them back to the country."

He added that according to the TT agreement, the name cannot be disclosed right now. However, there are rumors that the owner of this account has been sentenced to death in 'one case'. He also has a wife and children, but they are not going to claim ownership of the money.

ACC lawyer Khurshid Alam Khan further said, "A lot of money has been smuggled abroad, it is true. Money has been smuggled to various countries around the world, including Bangkok, England, Hong Kong, Canada and Singapore. The Anti-Corruption Commission, Bangladesh Bank, Financial Intelligence Unit are working under Mutual Legal Assistance to bring this money. It is a matter of time to bring this money, it is a matter of legal process. This money will be returned in the interest of the nation. We are extremely optimistic. It may take some time."

"The Money Laundering Act 2012 says that if my country's money is in another country, we can ask the court to ban it," he said. "If the court is satisfied, it can give a ban. In this case, Arafat Rahman Koko, Tareq Rahman, Ghiyasuddin Al Mamun and Morshed Khan and many others have a ban on money. Money has been smuggled through different channels at different times. They are coming back."

Asked about the amount, he said it cannot be disclosed