The Criminal Investigation Department (CID) has identified around 5,000 agents of Mobile Financial Services (MFS) who laundered some Tk 25,000 crore through hundi in the past four months.
The total amount of money laundered through illegal hundi trade was approximately Tk75,000 crore ($7.8 billion) in a year.
CID Chief and Additional IGP Mohammad Ali Mia disclosed the information in a press briefing on Thursday following the arrest of 16 members of a gang who laundered around Tk 20.70 crore in the last four months.
“These types of gangs are making millions by using the MFS illegally. With their help, smugglers are operating many illegal businesses including online gambling, drug trading, gold smuggling, yaba business, and acquisition of fixed assets abroad,” said the CID chief.
“Our investigations are underway to nab the others involved in this matter,” he added.
