Bangladesh ACC awaits info on officials’ money laundering

Ahammad Foyez | Published: 23:53, Nov 19,2020 | Updated: 00:20, Nov 20,2020

 
 

Anti-Corruption Commission chairman Iqbal Mahmood on Thursday said that the commission would take action against those public servants who were involved in money laundering, if the foreign ministry would provide necessary information.

‘I saw on television that the foreign minister at a press conference said that a good number of public servants and their families had siphoned money abroad,’ Iqbal told New Age over phone, adding that taking action against such public servants  was ACC’s duty.

He said that the commission had already sent a letter to the foreign ministry  seeking the names of those people who obtained foreign citizenship in investment quota.

Replying to a question about siphoning money to foreign countries, including Canada, foreign minister AK Abdul Momen on Wednesday admitted that the problem existed.

He was addressing a press conference at Dhaka Reporters Unity,

With reference to information about the 28 cases in this connection, he said, ‘I thought many of them might be politicians. But there were only a handful of them and some were RMG factory owners while most of them were families of government officials.’ 

 

Swiss authorities, he said, have the habit of not providing information about the money transferred to the banks in their country but they often talk about transparency.

‘It is a glaring example of double standard,’ he added.

On October 22, the ACC sent a letter to the foreign ministry requesting it to collect and provide information to it about those Bangladeshis who obtained foreign citizenship in investment quota.

In the letter, the commission said that various media reports and international research findings mentioned that a huge amount of money was laundered from Bangladesh through misinvoicing, hundi and bulk-cash transfers hampering the country’s development.

‘A section of Bangladeshi people obtained foreign citizenships through investment in the countries concerned under the Investment Quota,’ the letter stated.

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