‘Interim govt will work on bringing back laundered money’

Finance and Planning Adviser Salehuddin Ahmed on Saturday said the interim government would take initiatives to recover money that has been illegally siphoned abroad.

“There is a process to bring back the [laundered] money. We will need information and will contact the necessary agencies to pursue this,” he said while talking to reporters at the Secretariat.

Criticising the lack of good governance in the banking sector, the adviser pointed out that many rules and norms of the Bangladesh Bank were not followed.

“Those who were supposed to enforce the rules did not do so, and those who were supposed to follow them did not comply.”

Salehuddin, also a former government of the central bank, also stressed the importance of revitalising the economy and accelerating banking activities to restore momentum.

He highlighted the economic challenges the country is facing now, particularly inflation. “We will immediately try to address the problem of inflation.”

He emphasised that the immediate task of the interim government is to stabilise the law and order situation.

Salehuddin Ahmed served as the ninth governor of the Bangladesh Bank, from 1 May 2005 to 30 April 2009.