B Mirror Report: Today, Md. Mostaqur Rahman, the recently appointed governor of Bangladesh Bank, met with a consultant from the Stolen Asset Recovery Task Force to accelerate efforts to repatriate money that has been laundered.

According to a press release, the meeting focused on strengthening the recovery mechanism and ensuring that initiatives to bring back siphoned-off assets from overseas deliver tangible outcomes.

During the discussion, the governor issued clear directives to take prompt and necessary measures to accelerate the return of illicitly transferred funds. He instructed officials to place all recovery-related activities under a ‘Fast Track’ framework to prioritize and speed up the process.

The move to adopt a fast-tracked approach is designed to hasten the repatriation of national wealth through a more coordinated and result-oriented strategy, he noted.

The meeting between the central bank chief and the task force consultant centered on enhancing the efficiency and effectiveness of asset recovery operations. The collaboration is expected to fine-tune ongoing efforts to ensure they are outcome-driven and aligned with the objective of restoring laundered assets to the country.

The governor stressed that the entire recovery process must be handled with utmost urgency to achieve meaningful and successful results.