UK firms offer $50m to support Bangladesh’s ‘stolen asset’ recovery - News Summed Up

UK firms offer $50m to support Bangladesh’s ‘stolen asset’ recovery


During the five-day visit, Governor Mansur, who also heads the asset recovery task force, met with several government and private organisations in the UK. UK-based organisations expressed interest in supporting Bangladesh’s recovery efforts and suggested that sanctions could be considered against the launderers if necessary. A key event of the visit was the Bangladesh Asset Recovery Seminar on Mar 19, which brought together around 100 participants from 30 firms, including prominent law firms and forensic experts. He also met representatives of two UK-based strategic communication firms to discuss how Bangladesh could present its recovery efforts more effectively to the global audience. The statement said Bangladesh will receive technical assistance from the World Bank’s Stolen Asset Recovery (StAR) Initiative and the International Centre for Asset Recovery (ICAR), with a draft terms of reference expected in April.


Source: bd News24 April 09, 2025 15:28 UTC



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