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Reading: Yunus Administration Seeks Special Legislation to Recover Stolen Billions Overseas
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Yunus govt plans special law to get back ‘stolen billions’ abroad
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > Yunus Administration Seeks Special Legislation to Recover Stolen Billions Overseas
Nation

Yunus Administration Seeks Special Legislation to Recover Stolen Billions Overseas

March 11, 2025 2 Min Read
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The interim government is preparing to implement a special law by next week, aimed at expediting the recovery of billions of dollars that have allegedly been drained from Bangladesh to overseas destinations. Due to the lack of a parliamentary session, this law will be enacted through an ordinance, as stated by Shafiqul Alam, spokesperson for Chief Advisor Yunus Muhammad.

In reference to the government’s white paper concerning the economy, Alam disclosed that around $234 billion has been reportedly siphoned off during the Hasina administration from 2009 to 2024. In addition, an estimated $17 billion was illicitly taken from the banking sector. He mentioned that the government is currently scrutinizing 11 prominent figures and entities, including former Prime Minister Hasina and her family members.

A meeting took place with the 11-member task force, which was formed in September of the previous year. According to Alam, this task force has already engaged with approximately 200 law firms and may establish agreements with around 30 internationally recognized firms to hasten the recovery process.

Yunus’s special assistant, M Aminul Islam, resigned from his position on Monday, reportedly after being “requested to do so” by the Chief Advisor’s office. Aminul was responsible for assisting the education advisor. Meanwhile, the government has appointed Anisuzzaman Chowdhury as a special assistant to the Chief Advisor, who will manage issues related to the finance ministry, and his status will be that of a state minister.

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