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Bangladesh Seeks Singapore’s Support To Recover Laundered Money

10/11/2024 09:27 PM

DHAKA, Nov 10 (Bernama-UNB) -- Chief Adviser Prof Muhammad Yunus on Sunday urged Singapore to help recover billions of dollars laundered from Bangladesh and help minimise the cost of migration from the country, according to the United News of Bangladesh (UNB).

"A lot of money was siphoned off from Bangladesh to many countries, including Singapore," it reported Prof Yunus told Singapore's Ambassador to Bangladesh Derek Loh as they spoke for about an hour.

The Chief Adviser, during the meeting at his Tejgaon office said, "We need full cooperation from Singapore."

Ambassador Loh pledged to cooperate with Dhaka, according to the Chief Adviser's press wing.

Dr Yunus also urged the island nation to work with Dhaka in its goal to significantly cut the cost of recruitment of workers from Bangladesh.

He said the interim government wants to bring down the cost of migration with a view to helping the country's overseas workers remit more money to their families.

"We can create a model structure with Singapore on reducing recruitment costs," Prof Yunus said.

-- BERNAMA-UNB


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