Swiss deposits show AL’s corruption: BNP

The increased deposits in Swiss Bank show the level of money laundering committed by Awami League brasses during its regime, BNP alleged today.

“Ruling party leaders collected money through corruption and sent it to Swiss Bank,” the party’s Senior Joint Secretary General Rizvi Ahmed alleged in a press conference at Nayapaltan central office.

Bangladeshi nationals' deposits in Swiss banks rose 20.18 percent compared to the preceding year of 2015 and amounted to Tk 5,575 crore. The amount was Tk 4,423 crore in 2015.

Quoting Finance Minister AMA Muhith, Rizvi said the country’s banking sector is vulnerable now. “An influential quarter looted public money and sent it to the Swiss Bank,” he added.

“I am telling very clearly that the people involved in money laundering will face music in future,” Rizvi said. He slammed the government for its failure in curbing the money laundering.