DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
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Nazrul Islam Mazumder, chairman of NASSA Group, a Bangladesh conglomerate active in the apparel, banking, and real estate industries, is at the center of a BDT 16,000 crore (USD 1.5 billion) trade-based money laundering investigation conducted by the Bangladesh Financial Intelligence Unit (BFIU) government agency.
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