Dhaka, Mar 11 (V7N) – The government is working to recover several billion dollars that have been laundered abroad, and the process is expected to be completed within this year, said Financial Advisor Dr. Salehuddin Ahmed.

Speaking to journalists after the Advisory Committee on Procurement meeting at the Secretariat on Tuesday morning, Dr. Ahmed stated that various efforts, including agreements with multiple countries, are underway to bring back the laundered funds. He expressed optimism that a significant amount of the money could be recovered by the end of the year.

He further explained that retrieving the money would require following specific legal procedures. To facilitate the process, the interim government is planning to introduce a special law, which will soon be issued in the form of an ordinance.

The Financial Advisor also revealed that discussions have taken place with approximately 200 legal institutions to assist in the recovery process. The government is expected to sign agreements with around 30 of these institutions to expedite the efforts.

Dr. Ahmed assured that some visible progress in retrieving the laundered money is likely to be seen as early as next month.

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