BB asks banks to ink deals with 12 int'l law firms to recover laundered money  | Business

DHAKA, Oct 6, 2025 (BSS) - Bangladesh Bank (BB) has instructed commercial banks to ink Non-Disclosure Agreement (NDA) with 12 international asset recovery and law firms to help bring back money laundered abroad allegedly by ousted prime minister Sheikh Hasina, her family members and several major business groups. The central bank today gave the directive to the banks during a meeting presided over by Bangladesh Bank Governor Ahsan H Mansur, with managing directors of several commercial banks in attendance. Talking to BSS, Managing Director (MD) of the Islami Bank Bangladesh PLC Md Omar Faruk Khan said the banks will engage international law and asset recovery firms to trace and repatriate the funds. The firms will provide administrative and legal assistance...