'$15B Laundered Annually During AL's Tenure'

Dr. Iftekharuzzaman, Executive Director of Transparency International Bangladesh (TIB), commented that it is impossible to determine the exact amount of money that has been siphoned out of Bangladesh. However, he estimates that at least $15 billion has been laundered annually during the previous government's tenure.

He stated, "The $17 billion mentioned by the Governor as being siphoned from the banking sector is actually an underestimate. Influential figures closely associated with the then-government have laundered between $12 and $15 billion annually, hidden behind the banking sector and trade."

He made these remarks on Saturday (November 2) at an event organized by the Economic Research Foundation (ERF).

He further noted, "Work has already begun to recover the money that has been laundered to the United States, the United Kingdom, and European Union countries. The government has already held meetings with the U.S. and U.K. If even a single penny is recovered within the next two years, that will be a significant achievement."