MoU between Bangladesh and Bhutan

An MoU has been signed between Bangladesh Financial Intelligence Unit (BFIU) and the Financial Intelligence Unit of Bhutan to exchange information relating to money laundering and terrorist financing today (the 17July, 2014, Wednesday) in Macau.

The MoU has been signed by Ms. Eden Dema, Deputy Governor, Royal Monetary Authority of Bhutan and M. Mahfuzur Rahman, Deputy Head, Bangladesh Financial Intelligence Unit and Executive Director, Bangladesh Bank on behalf of their own organization.

Both of them are attending The 17th Annual Meeting of The Asia/Pacific Group on Money Laundering now held in Macau, China. Bhutan is a neighboring and friendly country of Bangladesh. During the liberation war of Bangladesh, Bhutan recognizes Bangladesh as the first country. In the MoU signing ceremony Dr. Aslam Alam, Secretary, Ministry of Finance and Ferdous Khan, Special Assistant to the Prime Minister were present. Moreover, M H Salahuddin, Director General, Anti Corruption Commission, S M Hafizur Rahman, Additional DIG, Bangladesh Police (CID), Kazi Arifuzzaman, Deputy Secretary, Ministry of Law, Justice and Parliamentary Affairs and on behalf of Bangladesh Financial Intelligence Unit Deboproshad Debnath, General Manager and Mohammad Abdur Rab, Deputy Director of Bangladesh Bank were also present at the occasion.

On the other hand, on behalf of Bhutan Tshering Dhendup, Deputy Head, FIU, Royal Monetary authority of Bhutan and Tenzin Norbu, Customs Commissioner, Department of Revenue and Customs, Thimpu were attended the ceremony. At the end both the party express their deep satisfaction and hope that both the countries can take action more actively and effectively against money laundering and terrorist financing by signing this MoU in the days ahead.