US$16 bn laundered each year during AL regime

The committee formed by the interim government to investigate the irregularities and corruption in the country’s economic sector submitted its report to Chief Adviser Professor Muhammad Yunus. It found that around US$16 billion was laundered each year during the previous government's regime.

Head of the committee Dr Debapriya Bhattacharya handed over the report to the CA at his office in Tejgaon in the capital on Sunday.

Receiving the report, the chief adviser said this report is a historical document. The occurrences that happened in the financial sector during the past regime were a matter of concern, he said.

Prof Yunus said public money was robbed in front of all but nobody talked about it.

Later, the Chief Adviser's Press Secretary Shafiqul Alam told BSS that according to the White Paper average of US$16 billion has been laundered abroad every year during the regime of ousted Prime Minister Sheikh Hasina.

He said the White Paper has examined each sector of the economy separately and showed how statistics were manipulated to create a story of development.

Although the story of development was portrayed, there was a grand looting behind the development story, Alam said.