Dhaka, Feb. 9 -- Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Monday said commercial banks have signed nondisclosure agreements (NDAs) with 12 global consortiums to file civil suits against absconding money launderers in foreign countries.

"As far as my knowledge is concerned, most banks have signed the agreements with the global consortiums to lodge civil cases, not criminal cases, to recover the money," he said while unveiling the monetary policy statement for the second half of the current fiscal year (FY26) at the BB headquarters.

The consortiums involve law firms and litigation companies.

jubairfe1980@gmail.com

Published by HT Digital Content Services with permission from The Financial Express....