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ACC to sign deals with 8 nations to bring laundered money back

UNB . Dhaka
08 Nov 2022 21:09:53 | Update: 08 Nov 2022 21:21:30
ACC to sign deals with 8 nations to bring laundered money back

The Anti-Corruption Commission (ACC) on Tuesday initiated a process for signing agreements with eight countries for mutual legal assistance to bring back money laundered abroad, said ACC Secretary Mahbub Hossain.

As part of the initiative, a committee has already been formed under the leadership of the Bangladesh Financial Intelligence Unit (BFIU) consisting of officials from various related organisations. The committee will submit the draft agreement to the Financial Institutions Department within the next three weeks, Mahbub Hossain said.

He said that the countries with which ACC wants to sign agreements are Canada, the United States, the United Kingdom, Singapore, Australia, Malaysia, the United Arab Emirates and Thailand.

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