Bangladesh Bank Governor reveals $20 billion fraud case, amid record remittance inflows.

Bangladesh Bank Governor Ahsan H Mansur highlighted at the Branding Bangladesh event that good governance has significantly reduced money laundering, with remittance flows reaching record highs. However, he revealed a major case of $20 billion siphoned abroad by a Chattogram-based entity, stressing recovery efforts and international collaboration. The governor also emphasized the need for transparency in financial systems and improving workforce skills to boost remittance inflows.

January 11, 2025
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