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Bangladesh has indicated that the financial settlements could correspond to tycoons accused by the interim government of Muhammad Yunus to fun from the country.
Governor of the Central Bank Ahsan Mansur, who leads the efforts of the government of the government of Bangladesh, told the Financial Times that the scheme was “one of the options” that could pursue it in less serious matters.
Mansur also said that he strived to collect no less than $ 100 million to finance future international lawsuits, aimed at recovering funds from business and political figures that are bound to the regime of deposited Prime Minister Sheikh Hasina.
The interim government, which took over power after Sheikh Hasina was overthrown last August by a rebellion led by students, says that people who were connected to her government took dozens of billions of dollars from the country.
In an interview in Dhaka prior to a visit to other government leaders and officials to the UK this week, Mansur said that Bangladesh Bank’s approach would depend on the nature of the alleged activities of those involved.
“If nature is more on the lighter side of violations. We would go for a civil lawsuit, and a financial arrangement would be part of that process,” he said, without giving examples of possible goals of such an approach.
The administration led by Yunus, a Nobel Prize winner, has opened 11 priority studies related to previously politically connected families, including those of Sheikh Hasina.
It has also frozen some domestic bank accounts and collaborates with foreign law enforcement agencies in its efforts to claw back assets that are allegedly exported from the country under the 15-year reign of Sheikh Hasina.
During a visit to London this week that is intended to continue such efforts, Yunus called for “more enthusiastic support” from British authorities to trace and recover funds.
“This is stolen money,” the interim leader told the Financial Times in an interview, and added that the British government should “feel legal and I would say morally” obliged to detect it.
An economic white paper on behalf of the government and published in December estimated that around $ 234 billion was transferred from Bangladesh during the rule of Sheikh Hasina.
Mansur, a former IMF officer, and other government leaders claim that the allies of the former Prime Minister have removed funds from the country by gaining fraudulent loans after taking control of bank councils or by skimming money from government infrastructure projects.
Supporters of the Awami League of Sheikh Hasina, who formally prohibited the Yunus government last month, accused the interim administration of the pursuit of political vendettas in her performance against alleged corruption by the old regime.
Yunus said last week that a national election to replace his administration in April next year would be held.
Mansur said his team had been in contact with financing companies and invited them to Bangladesh to help recover from assets.
Disputes financing companies pay for the costs of pursuing civil lawsuits, including lawyers and legal costs, in exchange for part of a settlement or judicial allocation or a pre -graduated amount if the case succeeds.
“We looked at process financing and we get a very positive response,” said Mansur. “We would like to see that as much as possible can be financed through process financiers.”
Omni Bridge Geway, a process financier established by Sydney with a process financier established by Sydney, said that managers had traveled to Dhaka in the first half of this year and had held ‘several discussions’ with Mansur and with senior managers at more than 16 banks.
“We have shown a special interest in supporting the banking sector by fining and managing the restoring of non-performance loans, in particular with the illegal transfer of funds abroad,” said Wieger Wielinga, the enforcement of the director of Omni Bridgegegay.