Govt officials outnumbering politicians in siphoning off money surprises FM | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • 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
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 24, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • 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
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 24, 2025
Govt officials outnumbering politicians in siphoning off money surprises FM

Corruption

UNB
18 November, 2020, 09:15 pm
Last modified: 19 November, 2020, 11:10 am

Related News

  • Travel ban imposed on 3 for abetting ex-land minister in money laundering
  • Anti-corruption orgs seek greater action from UK govt on money laundered from Bangladesh amid visit by Yunus
  • Poor documentation, evidence plague stolen asset recovery efforts
  • Why are the masterminds behind the mafia economy still out of reach, asks Rizvi
  • Money laundering: ACC seeks tax records of 70 Bangladeshis holding Dubai golden visa

Govt officials outnumbering politicians in siphoning off money surprises FM

"I thought that the number of politicians would be higher. I got surprised though the information is not comprehensive…, " said the Foreign Minister

UNB
18 November, 2020, 09:15 pm
Last modified: 19 November, 2020, 11:10 am
Foreign Minister Dr AK Abdul Momen. Photo: UNB
Foreign Minister Dr AK Abdul Momen. Photo: UNB

Foreign Minister Dr AK Abdul Momen on Wednesday said he was surprised to see the number of government officials who siphoned off money to Toronto, Canada, outnumbering politicians.

"It was an initial information. We've to verify it," he told reporters referring to information they have about 28 cases. 

Of the 28 cases, only four are politicians while the rest are government officials, including a few businesspeople. 

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

"I thought that the number of politicians would be higher. I got surprised though the information is not comprehensive…, " said the Foreign Minister.

He said many government officials have houses in Toronto and their children are studying there.

The Foreign Minister said such a situation is not only there in Canada, but also in Malaysia.

"It's difficult to get information," Dr Momen said adding that what they see in media reports on thousands of crores of money is siphoned off are not fully true considering the figure. 

He said foreign countries are also responsible to some extent in this regard, saying Switzerland does not give them information on who is depositing money in their banks. 

Dr Momen said they talk about transparency but they do not provide information, if sought. "Double standards exist there."

The Foreign Minister said it is fine if anybody takes money legally abroad but the government can bring it back under law if they send it illegally. "It's long been happening."

Dr Momen said they urge those who took the money abroad to invest it in Bangladesh. 

Dhaka Reporters Unity (DRU) President Rafiqul Islam Azad and General Secretary Reaz Chowdhury also spoke at the "Meet the Reporters" programme held at Nasrul Hamid auditorium of the DRU.

Bangladesh / Top News

Money laundering / government officials / Politicians

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

  • A 3D printed miniature model of US President Donald Trump, Israel and Iran flags are seen in this illustration taken June 18, 2025. Photo: REUTERS/Dado Ruvic/Illustration
    New Israeli strikes on Iran reported despite Trump's command to stop
  • Trump at the South Lawn at the White House. REUTERS/Kevin Lamarque
    Trump 'really unhappy' with Israel after it orders new strikes on Iran
  • IMF approves $1.3b for Bangladesh in 4th, 5th tranches of $4.7b loan
    IMF approves $1.3b for Bangladesh in 4th, 5th tranches of $4.7b loan

MOST VIEWED

  • 'Made in Bangladesh' solar panels go to US for the first time
    'Made in Bangladesh' solar panels go to US for the first time
  • Remittance dollar rate falls amid weak demand, strong export growth
    Remittance dollar rate falls amid weak demand, strong export growth
  • Union Bank branch manager uses multiple schemes to embezzle Tk8cr: Internal probe
    Union Bank branch manager uses multiple schemes to embezzle Tk8cr: Internal probe
  • SBAC Bank faces Tk810.75cr provision shortfall in 2024
    SBAC Bank faces Tk810.75cr provision shortfall in 2024
  • ‘Congratulations world, it’s time for peace’: Trump thanks Iran for ‘early notice’ on attacks
    ‘Congratulations world, it’s time for peace’: Trump thanks Iran for ‘early notice’ on attacks
  • Busbar malfunction caused sudden blackout in parts of Dhaka last night: Power Grid Bangladesh
    Busbar malfunction caused sudden blackout in parts of Dhaka last night: Power Grid Bangladesh

Related News

  • Travel ban imposed on 3 for abetting ex-land minister in money laundering
  • Anti-corruption orgs seek greater action from UK govt on money laundered from Bangladesh amid visit by Yunus
  • Poor documentation, evidence plague stolen asset recovery efforts
  • Why are the masterminds behind the mafia economy still out of reach, asks Rizvi
  • Money laundering: ACC seeks tax records of 70 Bangladeshis holding Dubai golden visa

Features

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

1d | Features
Graphics: TBS

Who are the Boinggas?

1d | Panorama
PHOTO: Akif Hamid

Honda City e:HEV debuts in Bangladesh

2d | Wheels
The Jeeps rolled out at the earliest hours of Saturday, 14th June, to drive through Nurjahan Tea Estate and Madhabpur Lake, navigating narrow plantation paths with panoramic views. PHOTO: Saikat Roy

Rain, Hills and the Wilderness: Jeep Bangladesh’s ‘Bunobela’ Run Through Sreemangal

2d | Wheels

More Videos from TBS

Will the Iran-Israel ceasefire take effect?

Will the Iran-Israel ceasefire take effect?

27m | TBS World
ECNEC approves 17 projects worth Tk 8,974 crore

ECNEC approves 17 projects worth Tk 8,974 crore

57m | TBS Today
Trump hints at regime change in Iran; what could the future hold?

Trump hints at regime change in Iran; what could the future hold?

1h | TBS World
Omera Petroleum to acquire Tolatgaz Bangladesh for $32 m

Omera Petroleum to acquire Tolatgaz Bangladesh for $32 m

2h | TBS Insight
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