Bangladesh’s Pursuit of Stolen Assets: Ahsan Mansur’s Mission in London
Bangladesh Bank Governor Ahsan Mansur is actively seeking the recovery of misappropriated funds with support from UK authorities. His efforts face opposition through disinformation aimed at discrediting him. Mansur emphasizes his commitment to targeting those who have robbed Bangladesh’s banking system as he collaborates with legal experts to trace stolen assets.
In a concerted effort to reclaim misappropriated assets, Bangladesh Bank Governor Ahsan Mansur is collaborating with UK authorities to recover billions of dollars allegedly stolen from Bangladesh over the last fifteen years. His mission has faced opposition in the form of a disinformation campaign aimed at discrediting him prior to his recent meetings in London, where he engaged with Foreign Office officials and asset tracing specialists to track down funds linked to corruption under the previous regime.
Mansur, who is 74 years old, has publicly expressed his resolve against individuals responsible for siphoning substantial resources from Bangladesh. He asserted, “The asset recovery effort…is to go after those people who have diverted massive amounts of resources from Bangladesh,” emphasizing the legitimacy of his mission amidst the attacks on his reputation.
Although allegations regarding his family members were utilized in discrediting efforts, Mansur clarified that his daughter, an American citizen, has limited connections to Bangladesh. He also distanced himself from the corruption case involving Tulip Siddiq, the former City Minister, stating, “I have never said anything to do with her situation. My primary target is those who have looted my banks.”
The difficulty in recovering assets is compounded by a historically ineffective process of repatriation from the UK, a prime location for suspected corrupt officials to invest illicit funds. Mansur noted, “It’s one of the favored destinations for these kleptocrats,” acknowledging that not much has been repatriated from Britain despite its supportive stance towards Bangladesh’s asset recovery initiatives.
In his recent engagements, Mansur welcomed collaboration from UK law firms and asset recovery specialists. He noted, “We consider that British law has a lot of strong provisions against these kinds of activities,” reflecting optimism regarding potential legal victories in pursuit of assets stolen from Bangladesh.
Mansur indicated that the next step involves lodging a formal request to UK authorities to impose freezing orders on suspected assets. He underscored the significance of gathering evidence to facilitate asset tracing and repatriation efforts, stating, “This is money of the common people…it’s been taken out with complete disregard to the law of the land.”
Despite personal health challenges, Mansur remains committed to stabilizing Bangladesh’s economy, asserting that recovering these funds is crucial for long-term economic health. His resolve was exemplified by his decision to come out of retirement, reflecting his dedication to contribute to Bangladesh’s next chapter following a tumultuous regime change, which he described as unprecedented and necessary.
In conclusion, Ahsan Mansur’s leadership in the asset recovery campaign reveals the complexities and challenges inherent in tracing funds diverted from Bangladesh’s banking system. His commitment to this cause not only seeks justice for economic misappropriation but also aims to pave the way for a more stable financial future for Bangladesh.
Ahsan Mansur’s efforts in pursuing stolen assets signal a determined approach by the Bangladeshi government to combat corruption. His collaboration with UK authorities and legal experts aims to reclaim billions misappropriated under the previous regime, amidst disinformation campaigns that threaten his credibility. Ultimately, Mansur’s work signifies a crucial movement towards safeguarding the financial integrity of Bangladesh and ensuring accountability.
Original Source: www.tbsnews.net
