The BFIU has repeatedly sought illegal financial information from Swiss banks: BB



| Updated:
August 13, 2022 5:10:58 PM


The Bangladesh Financial Intelligence Unit (BFIU) has repeatedly requested information from different countries, including Switzerland, about money laundered by Bangladeshis, the Bangladesh Bank (BB) said.

In response to a question on Saturday regarding the Swiss ambassador’s recent statement, the central bank’s executive director and spokesman, Md Serajul Islam, said: “I have nothing to say about the statement by the Swiss ambassador. But the BFIU has repeatedly sought information from different countries on various issues, including illegal currency transactions from Bangladesh.

All kinds of initiatives have been taken to collect information on money laundering in the country, he said, adding that the BFIU, the country’s financial intelligence agency, has also sent several letters to banks. Swiss, reports UNB.

Sirajul Islam said, “Whenever we need to collect information, the BFIU collects information from everywhere because the BFIU is a member of the Egmont Group of Financial Intelligence Units (FIUs), an international network of FIUs.”

Foreign Minister AK Abdul Momen said on Thursday that Bangladesh had requested information on deposits of Bangladeshi money in Swiss banks, but the Swiss side had not responded to the request.

Momen said this after his conversation on the matter with Bangladesh Bank Governor Abdur Rouf Talukder and Finance Secretary Fatima Yasmin on Thursday.

The foreign minister said he had advised the governor and the finance ministry to make the statements as confusion arose following some media reports quoting the Swiss ambassador to Bangladesh, Nathalie Chuard.

Momen said it is not true that Bangladesh did not request information from Switzerland.

The Swiss envoy to DCAB Talk said on Wednesday that any estimate of Bangladeshi money deposits in Swiss banks is “purely speculative” and no conclusions can be drawn based on media and other reports.

Responding to a question on the exchange of information on the issue, she said that Switzerland was really committed to the implementation of international standards. In accordance with these international standards, they may also have specific regulations and agreements with the country to exchange this type of information, she said.

“So it is something that should be developed,” the ambassador said, adding that they had provided the government with all the information on how to reach an agreement on these issues, but no request had been made. been submitted regarding specific funding.