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‘Militants getting funds through banking system’

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Live Correspondent: Anti-Corruption Commission Chairman Iqbal Mahmood has said that militancy funding is taking place in the country through both banking channels and illegal channel(Hundi) and added that the commission is working to develop a system to prevent financing in militancy.

“It is quite impossible to stop ‘militant financing’ by going to every individual and that’s why the ACC is working to develop a system so that financing in militancy could be stopped,” the corruption watchdog chief told reporters after inaugurating the Corruption Prevention Week 2017.

The ACC chief formally inaugurated the week in front of the ACC’s head office in the capital on Sunday morning.

“In the past, police seized money from militants’ dens during their operations. These money came through banking system. It didn’t come from the air. We always ask the authorities concerned to operate banks as per the banking rules and regulations,” the ACC chief said.

He added that if banks are operated following the rules and regulations, terrorist financing will be stopped.

Noting that the National Board of Revenue (NBR) and the Bangladesh Bank have already taken effective steps to stop hundi (illegal transaction of money), the ACC chief said there is no scope to come a huge amount money into the country through hundi.

He said the ACC, the NBR and the Bangladesh Bank together will take an integrated step so that hundi transfers can be stopped.

The national anti-graft agency is observing the Corruption Prevention Week 2017 across the country aiming to create mass awareness and sensitise people to raise their united voice against graft.

With the slogan ‘Stop Corruption – Save Person, Save Nation’, the ACC has taken various programmes marking the week.

ACC Commissioners Dr Nasiruddin Ahmed and AFM Aminul Islam were, among others, present on the occasion.

 Dhaka, 26 March, (campuslive24.com) //AM

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