The Bangladesh Bank (BB), by using goAML software, has identified some people involved in terror financing and money laundering. Sources in the home ministry said that the BB had used goAML to analyse the Cash Transaction Reports (CTRs) and Suspicious Transaction Reports (STRs) of seven private commercial banks.
money laundering
Govt slaps ban on betel nut import
The government has decided to slap a ban on import of betel nut in a bid to tackle money laundering, said Bangladesh Bank officials. The central bank on Thursday issued a circular to authorised dealer branches of all banks asking them not to open any letters of credit regarding import of betel nut.