Bangladesh Requests UK Help in Wealth Investigation
Bangladesh Requests UK Help in Wealth Investigation
Bangladesh Requests UK Help in Wealth Investigation
News summary

Bangladesh has requested assistance from the UK and several other countries, including the US, Singapore, and the UAE, to investigate allegations that former Prime Minister Sheikh Hasina's regime diverted approximately Tk 2 trillion (£13 billion) overseas. Central Bank Governor Ahsan Mansur highlighted a particular focus on a £150 million UK property portfolio owned by a former land minister. The investigation, supported by technical help from the UK, aims to trace the sources of these funds. This initiative is part of the interim government led by Nobel laureate Muhammad Yunus's broader crackdown on alleged corruption by Hasina’s administration. Sheikh Hasina, who fled to India, and her allies, including Saifuzzaman Chowdhury, who denies any wrongdoing, are under scrutiny. The UK government has confirmed discussions but declined to comment further.

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