The government will include two ministries in the working committee on National Coordination on Anti-money Laundering to deal with money-laundering issues more efficiently.

The ministries are—Commerce Ministry and Housing and Public Works Ministry.

Earlier, the Financial Intelligence Unit of Bangladesh Bank in a letter urged the Banking and Financial Institution Division of the finance ministry to insert two ministries to the 12-member committee, a senior official of the central bank Monday said.

The official also said the two ministries would be included since several reporting agencies have already been incorporated under the existing Anti- Money Laundering Prevention Act, 2009.

The reporting agencies are include real estate developers, cooperative societies, Jewellary shops and various professional groups, including lawyers, notary publics and accountants.

Sources said two representatives of the commerce and housing and public work’s ministries will attend the next meeting of the working committee on national coordination on anti-money laundering.

Currently, the 12-member committee on anti-money laundering comprised of members from the finance ministry, Bangladesh Bank, National Board of Revenue, and Anti-Corruption Commission (ACC).

News: The Daily Sun/Bangladesh/20-Nov-12