Transparency International-US and TIB Urge US Government to Freeze and Return Illicit Assets

Transparency International-US and Transparency International Bangladesh (TIB) have jointly written to the US Secretary of State and the Minister of Finance to immediately freeze and return money smuggled out of Bangladesh.

TIB shared this information in a press release sent to the media on Tuesday, September 10.

According to the press release, Transparency International-US and TIB have urged the US government to urgently freeze and return illegal assets smuggled out of Bangladesh. In the letter sent to Secretary of State Anthony Blinken and Finance Minister Janet Yellen, the heads of the two organizations called on the government of Bangladesh to actively cooperate with the United States and the governments of other countries to ensure the accountability of the wealth owners and to bring the money back to the country.

Earlier, on August 30, TIB and four anti-corruption organizations in the UK sent a letter to the UK Minister for Foreign Affairs and International Development, urging him to freeze illegal Bangladeshi assets and send them back to the country. TIB has also called for initiatives to bring money smuggled from Bangladesh back to different countries of the world, including Switzerland, European Union countries, Australia, Singapore, Malaysia, Hong Kong, and the United Arab Emirates.