CA directs creating fund to manage looted assets | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
July 05, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JULY 05, 2025
CA directs creating fund to manage looted assets

Bangladesh

BSS
19 May, 2025, 03:30 pm
Last modified: 19 May, 2025, 05:05 pm

Related News

  • Nagad official robbed of Tk55 lakh at gunpoint in Jashore
  • CA Yunus set to hold meetings with 20 political leaders today
  • Settle talks with foreign investors quickly to boost Ctg port capacity, directs CA
  • CA, Uruguay FM for enhancing cooperation between Latin America and Asia Post
  • How can you have ‘people-to-people ties’ when visa restrictions continue?

CA directs creating fund to manage looted assets

Speaking at the press briefing, Bangladesh Bank Governor Ahsan H Mansur today said the fund will be created following the existing laws

BSS
19 May, 2025, 03:30 pm
Last modified: 19 May, 2025, 05:05 pm
Chief Adviser Muhammad Yunus at a meeting on the progress of recovering the laundered money at the State Guest House Jamuna in Dhaka on Monday, 19 May 2025. Photo: Focus Bangla
Chief Adviser Muhammad Yunus at a meeting on the progress of recovering the laundered money at the State Guest House Jamuna in Dhaka on Monday, 19 May 2025. Photo: Focus Bangla

Chief Adviser Professor Muhammad Yunus today (19 May) directed the authorities concerned to form a fund to manage the looted assets and money.

"The Chief Adviser instructed to form the looted money management fund, which will be used for public welfare," Chief Adviser's Press Secretary Shafiqul Alam told a press briefing at the Foreign Service Academy in the capital this afternoon following a meeting on the progress of recovering the laundered money.

The meeting was held at the State Guest House Jamuna with the chief adviser in the chair.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Speaking at the press briefing, Bangladesh Bank Governor Ahsan H Mansur today said the fund will be created following the existing laws. "If necessary, the law will be amended to form the fund," he said.

The Bangladesh Bank Governor said he hoped that it would be possible to create this fund within the tenure of the interim government but the elected government should continue the fund.

Top News

Chief Adviser Dr Yunus / loot

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Rows of imported vehicles sit idle at Chattogram Port, exposed to the elements and gradually deteriorating. Legal complexities and inflated reserve prices stall auctions, leaving crores of taka worth of state assets unused and vulnerable to damage or theft. Photo: Mohammad Minhaj Uddin/File Photo
    Customs bureaucracy: Luxury cars rot at Ctg port
  • Graphics: TBS
    How courier failures are undermining Bangladesh’s online perishables trade
  • Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan
    5 July 2024: Students announce class boycott amid growing protests

MOST VIEWED

  • 3 July 2024: Momentum builds as quota protest enters third day
    3 July 2024: Momentum builds as quota protest enters third day
  • What it will take to merge crisis-hit Islamic banks
    What it will take to merge crisis-hit Islamic banks
  • A meeting of the Advisory Council Committee chaired by the Chief Adviser Muhammad Yunus held on 3 July 2025. Photo: PID
    Govt Service Ordinance: Compulsory retirement to replace dismissal for misconduct in govt job 
  • NCC Bank’s operations to remain suspended for 120 hours from 8 July
    NCC Bank’s operations to remain suspended for 120 hours from 8 July
  • Graphics: TBS
    Foreign currency in offshore banking units now eligible as collateral for taka loans
  • Govt to pay 3-year high ACU bill of $2b next week
    Govt to pay 3-year high ACU bill of $2b next week

Related News

  • Nagad official robbed of Tk55 lakh at gunpoint in Jashore
  • CA Yunus set to hold meetings with 20 political leaders today
  • Settle talks with foreign investors quickly to boost Ctg port capacity, directs CA
  • CA, Uruguay FM for enhancing cooperation between Latin America and Asia Post
  • How can you have ‘people-to-people ties’ when visa restrictions continue?

Features

Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan

5 July 2024: Students announce class boycott amid growing protests

7h | Panorama
Contrary to long-held assumptions, Gen Z isn’t politically clueless — they understand both local and global politics well. Photo: TBS

A misreading of Gen Z’s ‘political disconnect’ set the stage for Hasina’s ouster

12h | Panorama
Graphics: TBS

How courier failures are undermining Bangladesh’s online perishables trade

12h | Panorama
The July Uprising saw people from all walks of life find themselves redrawing their relationship with politics. Photo: Mehedi Hasan

Red July: The political awakening of our urban middle class

21h | Panorama

More Videos from TBS

Ukraine war: Trump under pressure from his own party

Ukraine war: Trump under pressure from his own party

13h | TBS World
News of The Day, 04 JULY 2025

News of The Day, 04 JULY 2025

12h | TBS News of the day
Contractor witnesses shooting of hungry people in Gaza

Contractor witnesses shooting of hungry people in Gaza

14h | TBS Stories
Russia first country to recognize Taliban rule

Russia first country to recognize Taliban rule

18h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net