FE Report
The high-powered government taskforce on the repatriation of money siphoned off by corruption suspects will hold a meeting tomorrow (Thursday) to discuss the future course of action on the part of the Bangladesh in light of law ministry's negative opinion about the deals with central banks of other countries.
The law ministry said deals on the repatriation of illegal funds transferred abroad could only be signed between governments concerned, not between central banks.
"We will sit on Thursday to discuss the issue," Salehuddin Ahmed, Bangladesh Bank governor and also convener of the taskforce, told the FE Monday.
Sources said the meeting will also discuss the issue concerning the withdrawal of the Anti-corruption Commission from the taskforce.
The central bank has been in touch with the central banks of some countries examining the possibility of getting back the funds taken out of the country by the corrupt elements.
The present caretaker government after assuming office in January this year asked the central bank to sign agreements with the authorities concerned of Malaysia, the Philippines, England, Singapore, and Indonesia to bring back an unspecified amount funds, allegedly, siphoned off from the country by politicians and some businessmen.
Task force on siphoned-off funds meets tomorrow
FE Team | Published: November 14, 2007 00:00:00 | Updated: February 01, 2018 00:00:00
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