Thursday, 28 Nov, 2024

Business

Muhith against whitening money

Staff Correspondent |
Update: 2014-05-10 06:01:00
Muhith against whitening money Photo : Banglanews24.com

DHAKA: Finance Minster AMA Muhith on Saturday categorically said there would be no more opportunity for whitening black money though one can avail chances to legalize unexposed money giving fines.

The finance minister came up with the assertion while speaking at a pre-budget view exchange meeting with the Economics Reporters’ Forum at the secretariat in the city.

At the discussion, President of the organization Sultan Mahmud Badal urged the minster to take punitive measures to prevent money siphoning off to outside of the country.

He said, “We have resources, but somehow money has been being laundered abroad in recent years; something should be done as the money is invested in the country not abroad.”

ERF General Secretary Sazzadur Rahman, Finance Secretary Fazle Kabir, National Board of Revenue Chairman Golam Rahman, Planning Ministry Secretary Bhuiyan Shafiqul Islam and Implementation and Monitoring and Evaluation Division (IMED) additional secretary Suraiya Begum were among others present at the meeting.

 

BDST: 1559 HRS MAY 20, 2014

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.