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flag Bangladesh's central bank forms teams to recover billions laundered abroad by elites.

flag Bangladesh's central bank is working to recover billions of dollars that were laundered abroad by the country's political and business elites. flag The bank has formed 11 teams to track assets of 11 powerful families accused of moving funds to countries like the UK, US, UAE, Malaysia, and Singapore. flag Governor Ahsan Mansur is seeking to freeze overseas properties and is in talks with British authorities to trace and seize an estimated $25 billion. flag The process is expected to take up to five years and may involve plea bargains or amnesty schemes to recover the funds.

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