Bangladesh-Nepal

B’desh: Terror funds flow through commercial banks

Terrorists and terrorist handlers have been using the banking route to fund militants. This came to light as the Bangladesh apex bank cracked on money laundering.

A Task Force of the central bank has come across as many as 556 bank accounts that were used to disburse money for militant and terrorist activities, Bengali daily, Amader Shomoy reports.

The Task Force was set up to check suspicious accounts and accounts which have witnessed abnormal transactions.

Now, all banks in the country have been asked to be on alert.

Standard Chartered Bank accounts for bulk of these ‘suspicious’ accounts. It has in all 229 such accounts.

Other banks are Islami Bank (65 accounts), Uttara Bank (31), AB Bank (30), Pubali Bank (33), and Janata Bank (11)

While HSBC Bank is found to have 26 suspicious accounts, 12 accounts were found at IFIC Bank, 15 in Sonali Bank, seven in BRAC Bank and 14 accounts at the Premier Bank.

Islami Bank said that it has suo moto alerted the task-force about abnormal transaction in some accounts. ‘We wanted to make our position clear’, said the bank’s MD Shamsul Haque.

Amongst the accounts that came under scanner are of JMB Amir Shaikh Abdur Rahman (since executed), Bangla Bhai and Hizb-ut-Tahrir’s Chief Coordinator Profess Mahiuddin.

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