BB governor aims to raise $100m for global property recovery

Bangladesh Bank (BB) Governor Ahsan H Mansur aims to raise $100 million from global litigation funders to finance property recovery from business and political figures associated with the regime of ousted prime minister Sheikh Hasina by 2025. The governor expressed gratitude for the ongoing support and collaboration the IACCC has provided to Bangladesh’s Property Recovery Taskforce, including technical assistance for the 11 Joint Investigation Groups (JITs) established to investigate the 11 priority asset recovery cases. He highlighted that the UK’s initiative to lead with a total of £250 million in asset freezes would encourage other major money-laundering destination countries to take similar actions in support of Bangladesh’s asset recovery endeavors, as stated in the BB announcement.

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