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Dhaka     Sunday   26 June 2022

‘There is a chance to bring back laundered money’

Desk Report || risingbd.com

Published: 18:54, 26 May 2022  
‘There is a chance to bring back laundered money’

The government is going to offer an opportunity to bring back laundered money. However, for this, those who want to get the scope, will have to pay tax at a fixed rate.

Finance Minister AHM Mustafa Kamal said this while addressing a meeting of the Cabinet Committee on Government Purchase (CCGP) on Thursday (May 16).

He said, "Those who will send smuggled money as remittances will not be questioned. I am hopeful that with this the money laundered abroad will come back home."

Citing examples of different countries that have tried such methods to stabilise their economy and foreign exchange reserve, Mustafa Kamal said, "Indonesia is one of those countries. A lot of the (laundred) was brought back. We believe it’s a great opportunity for those who have smuggled money."

Hasnath/Nasim