Staff Reporter :
Transparency International Bangladesh (TIB) has slammed the government announcement to allow the money launderers to bring back the money in the form of remittance by giving little fine.
The corruption watchdog said such opportunity for the money launders is unethical and a way to patronize them, a press release said on Monday.
Such decision of the government is unconstitutional and conflicting with the law and it will not bring expected result, it said.
In the statement, TIB said, if such opportunity is given, the money launders will also enjoy the same facility of 2.5 percent incentives against the remittance.
TIB Executive Director Dr Iftekharuzzaman said, “An unethical and discriminatory opportunity is being given to the money launders who amassed money through corruptions to use this money as a shield to foreign exchange crisis in context of global economic instability. It disregards the Money Laundering Prevention Act 2012.”
“If the accused in the money laundering case wants to accept such opportunity, will they not face the punishment? Will the government walk on the path of compromise instead of the rule of law? Clear explanation is needed here,” he added.
He also pointed out that the government could not bring any substantial benefit by allowing whitening black money.
“It is illogical that such decision will bring any realistic result rather it is against the government’s policy of zero tolerance to corruption,” he added.
TIB has urged the government to bring the money launders under accountability and to take action accordingly.
