Monday, May 19, 2025
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Govt to Launch Fund to Manage Stolen Money: BB Governor
Greenwatch Desk
Economy
2025-05-19, 5:42pm
The government is set to launch a management fund to handle recovered money and assets seized from financial offenders, Bangladesh Bank Governor Dr Ahsan H Mansur said on Monday.
He said the fund will be used to support the country’s poor and underprivileged population.
The announcement came following a high-profile meeting on the repatriation of laundered money, chaired by Chief Adviser Professor Muhammad Yunus, at the Foreign Service Academy.
Present at the briefing were Governor Ahsan H Mansur, Chief Adviser’s Press Secretary Shafiqul Alam, and Head of the Bangladesh Financial Intelligence Unit (BFIU) AFM Shahinul Islam, reports UNB.
Governor Mansur said the fund, to be formally established soon, will ensure continuity and transparency in managing seized assets under future administrations.