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Money laundering from drugs trade

Bangladesh ranks 1st in Asia

News Desk  :
Bangladesh in terms of money laundering from drug trade ranked top in Asia and 5th globally, according to a recent report published by United Nations Conference on Trade and Development (UNCTAD).
Tk 5,147 ($484 million) was laundered from Bangladesh between 2017 and 2021.
The report includes trafficking from drug methamphetamine tablets, heroin, and synthetic opioids such as buprenorphine and phensedyl.

UNCTAD also made a hypothetical estimate of the illicit financial flows of nine drug-related countries in the world, including Bangladesh.
The countries are – Afghanistan, Colombia, Ecuador, Maldives, Mexico, Myanmar, Nepal, and Peru.
The countries from Asia after Bangladesh are – Maldives, Nepal, Afghanistan, and Myanmar.

The UNCTAD report reveals that Mexico holds the top position globally in terms of illegal drug money flows, followed by Colombia, Ecuador, Peru, and Bangladesh.
The report has been published for the first time with the support of the UN Office on Drugs and Crime (UNODC) and the related countries.