Out of the grey
Bangladesh has received global recognition in combating money laundering and terror financing by the Paris-based Financial Action Task Force (FATF), which delisted the country’s name from its ‘Grey List’. The FATF, an intergovernmental body to combat money laundering, had listed Bangladesh under the category of ‘grey’ in 2008. But it decided to pull Bangladesh out of the list following the significant progress made by the country in its drive against money laundering and combating terror financing.
The decision came in the wake of an audiovisual message by Al-Qaeda chief Ayman Al-Zawahiri in which he urged the people of Bangladesh to stand against what he termed as crimes against the core beliefs of Islam.