Following the collapse of the Awami League government in August 2024, newly appointed Bangladesh Bank Governor Ahsan Mansur launched an aggressive investigation into the illicit transfer of wealth abroad by influential political and business elites. Eleven specialist teams are dedicated to tracking down assets linked to families accused of laundering billions over the past decade to various countries. The urgency of this mission is underscored by concerns that vast sums may be lost if not located swiftly, with Mansur targeting the UK as a primary location for recovery efforts.
Just days after the collapse of the Awami League government, Bangladesh's new central bank Governor, Ahsan Mansur, is on a mission to hunt down wealth hidden abroad.
Mansur is worried that with time running out, the vast amounts of money could disappear if not tracked quickly, highlighting the urgency of the investigation.
Bangladesh Bank has assembled specialist teams to trace assets from elites accused of laundering money across several countries including the UK, UAE, and the US.
Our whole purpose is at least [to] create awareness that the UK is a favourite destination of stolen assets all over the world, and Bangladesh is one of those countries.
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