Bangladesh Bank Gov. Ahsan H. Mansur is seeking help from the U.K. to recover assets allegedly stolen from the South Asian nation that are now being kept in the U.K. (Nikkei montage)
DOULOT AKTER MALA
DHAKA -- Bangladesh has established a road map to recover assets it says were stolen from the country -- estimated at between $75 billion and $100 billion -- during the government of ousted Prime Minister Sheikh Hasina, aiming to claw back at least half of the assets in 11 priority cases involving Hasina, former ministers and nine business groups by the end of this year.
Dhaka is reaching out to the U.K., hoping to persuade it to impose financial and travel sanctions on individuals who have allegedly laundered billions of dollars from Bangladesh and left them in the U.K., the U.S., Malaysia, Singapore, Hong Kong and the Cayman Islands.