Bangladesh, Aug. 14 -- A visiting delegation of the Asia-Pacific Group on Money Laundering (APG) got appalled by the scale of irregularities, corruption, unprecedented looting, and money laundering in Bangladesh's banking sector and capital market during the previous regime.Market strategy guide

Advertisement They apprehended that these could "negatively impact the upcoming Mutual Evaluation of Bangladesh's efforts to combat money laundering and terrorist financing", says the central bank in a news release.

The two-member delegation from the APG visited Bangladesh on August 11-13, for Preliminary Mutual Evaluation Planning (P-MEP).

However, they welcomed the current government's reform initiatives and measures to recover laundered ass...