
UK firm seeks BB intervention to stop money laundering
Pns: Lancaster Exports Ltd, a British firm, has written to the Bangladesh Bank (BB) seeking the latter’s intervention to stop release of $ 1.1 million to ‘Forseti Inc.’, another foreign company, by a local bank of Bangladesh. Citing a verdict of a Greek court, Lancaster in a letter to the Anti-Money Laundering Department of central bank, said the release of money to Forseti would be tantamount to money laundering as the court found the company as fraudulent.The letter undersigned...Read More