Money smuggling part of leaving country

Staff Reporter :
Money is being smuggled as part of the borrower’s preparation to leave the country. It is very sad that the government is smuggling the money abroad without thinking about the country at all and they don’t have confidence in the citizen.
President of Gonoforum Dr Kamal Hossain said this at the opening ceremony of membership collection and renewal programme organized by Gonoforum in the city on Thursday morning.
 “Everyone should be alert about money laundering. People must be united to protect the national economy by guarding. It is needed to be informed and keep vigilance that where the money is going from the bank and which ways going out. Legal measures should be taken to stop these irregularities if necessary,” he said.
The national economy cannot be saved if the information published in the media is not given importance, Kamal Hossain said adding that if the economic situation is collapsed unemployment will increase, income will decrease, and people will suffer in business and trade.
It is needed to be united on emergency basis to prevent the negative and anti-social activities, especially corruption and money laundering, the country’s veteran lawyer said.
“The country is heading towards a dire crisis in all aspects due to mismanagement, partisanship and corruption. The dreams and achievements of the liberation war are being abandoned for some corrupt and self-interested circles of the country. A huge amount of money is being embezzled by taking advantage of factionalism in banks and financial institutions. The government could not take any effective action against them.  
As a result money laundering and looting is becoming an epidemic form in the country,” Dr Kamal Hossain said.
He said that all political parties and country’s people should be united for establishing democracy and rule of law in the country in a view to build a national consensus to establish a prosperous and progressive Bangladesh.
 Gonoforum General Secretary Mizanur Rahman said that financial management is about to collapse, which is the biggest crisis in the country.
“Thousands of crores of takas have been withdrawn anonymously from the banks. A government-sponsored circle is involved in such corruption. The stock market has also been looted in this way and the money is being smuggled out of the country,” he said.
Mizanur Rahman also said that the investigation committee formed on the stock market incident has not seen the light of day.
“Due to lack of justice and absence of effective measures on the part of the government, the money looters from banks and stock market have become reckless. Corruption, looting and misappropriation of state resources are pushing the country towards anarchy,” he alleged.
They demanded for formation of a high-level impartial commission of inquiry to unearth the truth those who involved in money laundering.
Among others, members of the presidium and former parliament members Mofizul Islam Khan, SM Altaf Hossain, Moshtaq Ahmed, Joint General Secretary Shafiur Rahman Khan, Treasurer Shah Nuruzzaman, Legal Affairs Secretary Shariful Islam, Organizing Secretary Md Yasin and Dhaka South President Mohammad Ali were present in the event.