The nation’s dishonest businessmen should face severe consequences, according to Finance Minister Abul Hassan Mahmood Ali

BM Report:

The National Board of Revenue (NBR) has been instructed by Finance Minister Abul Hassan Mahmood Ali to support law-abiding traders and take strong action against dishonest businessmen.

At a seminar held on International Customs Day at the Revenue Building in Agargaon, the capital, on Friday, the minister declared, “It is the responsibility of customs to prevent trade-based money laundering.”

The seminar organised by NBR was attended by senior officers of the organisation and business representatives.

Calling on NBR to make trade easier, he said, “Without making trade easier, it is not possible to reduce the cost and time of doing business.”

He also asked NBR to focus on full automation to make trade cost and time-effective.

NBR member Masud Sadiq presented the keynote paper in the seminar presided over by NBR Chairman Abu Hena Rahmatul Muneem.

In addition, during the seminar, a number of inconsistencies in the port’s customs were brought to light.

The agriculture ministry, the World Bank Bangladesh office, the National Telecommunication Monitoring Center, and sixteen NBR officials received WCO certificates of merit in recognition of their contributions to customs.