Remittance flow hiked due to end of graft, money laundering: Governor

Bangladesh Bank Governor Dr. Ahsan H Mansur has claimed that remittance flow has increased as corruption and money laundering stopped during the interim government.

“Incidents of money laundering and looting like those in Bangladesh are rare in the world. As a result, people have lost their trust in banks. The trust must be restored through proper management and law enforcement,” he said while addressing a programme held at a hotel in the capital on Saturday (January 11).

The governor said, “In the past five months, remittances in the country have increased by $3 billion and exports have increased by $2.5 billion. There is still a reserve of four months. There is no reason to worry for the time being.”