TBML
Bangladesh Police Allege LCs Used in Massive Money Laundering Effort
A Bangladesh businessman arrested in August 2024 and jailed following the ousting of former prime minister Sheikh Hasina for whom
NASSA Group, Exim Bank Head Implicated in USD 1.5 Billion TBML Scheme
Nazrul Islam Mazumder, chairman of NASSA Group, a Bangladesh conglomerate active in the apparel, banking, and real estate industries, is
ADB-Led “Enhanced STR” Pilot Delivers Transformative Results
In a landmark effort to combat Trade-Based Money Laundering (TBML), the Asian Development Bank (ADB), in partnership with the United
Bangladesh Curbs TBML
On a positive note, Bangladesh has experienced a sharp decline in trade-based money laundering in recent months “following intensifying monitoring
Bangladesh’s Misinvoicing Problem
No country has greater reliance on letters of credit than Bangladesh so it is reasonable to surmise that reports in
13 common Letter of Credit and Bill of Lading frauds: Revisiting the Solo Industries & Saad Group Trade Finance Frauds
Those who forget the lessons of history are condemned to repeat them. Trade finance frauds are no exception. Lessons from Solo Industries, Credit Agricole v. PPT, and practical advice for trade financiers.
