‘Make concerted efforts to fight money laundering’

Staff Correspondent

17 September, 2019 12:00 AM printer

Anti-Corruption Commission (ACC) Chairman Iqbal Mahmud on Monday stressed the need for concerted efforts to prevent money laundering.

“Trade-based irregularities is one of the ways of money laundering in Bangladesh. Close coordination among ACC, National Board of Revenue (NBR) and Bangladesh Bank is needed to prevent such irregularities.”

“ACC has expressed its intention to sign a Memorandum of Understanding (MoU) with the NBR. Money laundering will be prevented if we can implement the work plan jointly,” he said.

He came up with the remarks while addressing a meeting held between the ACC chairman and Resident Legal Advisor Eric Opanga of US Department of Justice on enhancing mutual cooperation.