Tk 10b seized or confiscated in money laundering cases in 2-yr
Sunday, 27 July 2014
A total of Tk 10 billion (Tk 1,000 crore) was either seized or confiscated following the legal measures taken by the Anti Corruption Commission (ACC) to recover 'stolen assets and money' during 2011-2012 and 2012-2013 fiscal years. Of the total amount, Tk 2.8b deposited with 1011 accounts at local and foreign banks was frozen by court orders while the ACC investigation officers seized about Tk 6.57b, and the court confiscated over Tk 630 million during 2011-2013 fiscal years, official sources at the anti-graft national body said, according to UNB.