report in Dhaka Tribune, Nov 16, 2022The Bangladesh Bank has found cases of money laundering as it uncovered trade-based under and over-invoicing during a special audit. Some entities inflated their price at the range of 20-200% than the actual cost of the products under a method called over-invoicing, said GM Abul Kalam Azad, spokesperson of the Bangladesh Bank, at a press briefing on Monday. Over-invoicing takes place when exporters submit an inflated invoice to the…
Posts tagged as “Bangladesh”
By Afsan Chowdhury in Dhaka Courier This year, Durga Puja in Bangladesh was one of the more violent ones as mandaps all over the country faced various forms of violence and intimidation. Although the Prime Minister thanked law enforcement agencies for ensuring a peaceful environment, the facts seem otherwise. Her statement that everyone in Bangladesh is at liberty to practice their own religion, rings hollow. Six cops were suspended in Sunamganj for attacking Hindu devotees…