Bangladesh Bank to investigate GFI claims of $75 billion lost to money smuggling - News Summed Up

Bangladesh Bank to investigate GFI claims of $75 billion lost to money smuggling


State Minister for Finance MA Mannan, on behalf of Finance Minister AMA Muhith, spoke about the issue in Parliament on Wednesday. Responding to an MP, Mannan said, "There are also doubts about free flow of information across the globe. He said the Financial Intelligence Unit of the Bangladesh Bank will gather information on the smuggling of money and investigate the information in order to stop the trend. Badal said the finance minister cannot simply shirk his responsibility only by saying that "the money smugglers have very long arms". He also wanted to know what steps the government has taken to stop money smuggling.


Source: bd News24 May 03, 2017 17:26 UTC



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