CID, BFIU ink MoU to stop money laundering

Police's Criminal Investigation Department (CID) and Bangladesh Financial Intelligence Unit (BFIU) on Sunday signed a memorandum of understanding with a view to preventing money laundering.

CID chief additional IGP Chowdhury Abdullah Al Mamun, and BFIU chief and Bangladesh Bank (BB) deputy governor Md Razi Hasan, among others, were present at the MoU inking ceremony.

Mentioning that CID and BFIU have been working together to tackle money laundering, CID's Mamun said this memorandum of understanding was signed to accelerate the work of putting an end to the evil practice.

The MoU between CID and BFIU on prevention of money laundering will play an epoch-making role in the country's economic growth, Mamun thinks.