Mon, Mar 30, 2015 - Page 5 News List

Dhaka to check for militant financing

Reuters, DHAKA

Bangladesh’s central bank governor on Saturday said that all commercial banks would be investigated for links to Muslim militants and warned lenders would be shut down if found to be involved in funding such organizations.

Bangladesh Bank’s Atiur Rahman said the emergence of Islamic State (IS), previously known as the Islamic State of Iraq and the Levant, had also increased the threat of violence and militancy in Bangladesh.

“I have asked the intelligence unit of the Bangladesh Bank, the central bank to investigate thorough all banks to find any link with the financing in terror activities and militancy,” Atiur said.

The Islamic State has already made its mark in Bangladesh. Last week, police arrested a regional commander of banned Muslim group Jama’tul Mujahideen Bangladesh.

In January, police arrested four suspected members of the Islamic State in Dhaka, including a regional coordinator for the group.

Atiur spoke after meeting the chief anti-money laundering officials of all commercial banks.

“If any bank is found to be linked with such activities then drastic action will be taken,” he said.

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