Dhaka, Thimphu sign MoU to curb money laundering, terrorist financing

Bangladesh Financial Intelligence Unit (BFIU) and the Royal Monetary Authority of Bhutan on Thursday signed a memorandum of understanding (MoU) to exchange information relating to money laundering and terrorist financing. Mahfuzur Rahman, Deputy Head, Bangladesh Financial Intelligence Unit and Executive Director, Bangladesh Bank, and Eden Dema, Deputy Governor, Royal Monetary Authority of Bhutan, signed the MoU on behalf of their respective side on the sidelines of a meeting in Macau, China. Both Rahman and Dema are attending the 17th Annual Meeting of The Asia/Pacific Group on Money Laundering in Macau, said an official in Dhaka today. Dr Aslam Alam, Secretary, Ministry of Finance, and Ferdous Khan, Special Assistant to the Prime Minister, were present at the MoU signing ceremony. Expressing deep satisfaction after signing the MoU, the official said the two countries can now take action more actively and effectively against money laundering and terrorist financing in the days ahead, according to UNB.