HC wants details of money launderers in Switzerland and other foreign banks
On Sunday, the High Court ordered Bangladesh’s Financial Intelligence Unit to submit details of businessmen, commercial entities and others who allegedly laundered and kept money in the Swiss bank and other foreign banks, in court before March 6.
The court also asked the chairman of the Anti-Corruption Commission and the head of the country’s Financial Intelligence Unit to submit progress reports on investigations into alleged money laundering by businessmen, business entities and individuals named in the Panama Papers and Paradise Papers leaks. , before March 6.
An online bench consisting of Judge Md Nazrul Islam Talukder and Judge Md Mostafizur Rahman issued the new guidelines after hearing separate lists of individuals and business entities named in the two leaked documents during the first week of April 2016.
The ACC filed a list of 61 people and 7 business entities named on the two documents while the BFIU submitted a list of 69 people and business entities named on the documents to comply with a directive issued by the High Court on 6 December 2021.
The court issued the guidelines after hearing a motion for writ in the public interest by two Supreme Court lawyers – Abdul Kaium Khan and Subir Nandi Das.