How Can Bangladesh Recover Assets Stolen During Awami League Rule?

Quick Summary:

The interim government should work with other governments to impose targeted sanctions against suspected money launderers and freeze their assets.

Finally, Bangladesh’s Anti-Corruption Commission (ACC) must work with the governments of countries considered the destination of money laundering by Hasina’s cronies and enhance financial intelligence sharing about the suspected individuals.

While Bangladesh needs to step up and act fast to explore the options and build global partnerships, the governments in the West, Middle East, and Southeast Asia should also cooperate and show goodwill in helping Bangladesh to recover the laundered money.

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Article Details

Author / Journalist: A K M Wahiduzzaman

Category: Economy

Markets: United StatesBangladeshCambodiaCanadaChinaIndiaJapanLaosMalaysiaNew ZealandSingaporeSri Lanka

Topics: Recover Financial Stolen Money Government Sheikh Hasina’s Hasina Bangladesh Bangladesh’s Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 17:13:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1917 words

Reading Time: 11 minutes read

Sentences: 89 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22750975

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