HC rules over forming dedicated body to probe money laundering

BSS, Dhaka

The High Court (HC) on Sunay issued a rule asking the authorities concerned to explain in four weeks as to why it shall not pass an order to form a dedicated probe team to investigate instances of money laundering.

The court in its rule also asked the authorities concerned to explain why their inaction in bringing back the money seized at different Swiss Bank accounts and why the High Court shall not pass orders to initiate investigations against the people, whose names came on The Panama Papers and The Paradise Papers.

A High Court division virtual bench comprising Justice Md Nazrul Islam Talukder and Justice Mohi Uddin Shamim issued the rule with direction after holding hearing on a writ filed in this regard.

“The court directed the official concerned to submit the list of Bangladeshis who have accounts at Swiss Bank, and report on actions taken against them. The court would hold hearing of separate rules issued in this regard, concurrently. The court also set March 30 to hold hearing on the matter,” Deputy Attorney General AKM Amin Uddin Manik told BSS.

Advocate Abdul Quyum Khan and Advocate Subir Nandi Das took part in the hearing for the writ petition. The two Supreme Court lawyers on February 1 had filed the writ.