(Reuters) -Bangladesh’s central financial institution has employed three “Massive 4” accounting companies – EY, Deloitte and KPMG – to audit banks it says misplaced $17 billion to enterprise individuals near the regime of former chief Sheikh Hasina, the Monetary Occasions reported on Sunday, citing financial institution governor Ahsan Mansur.
In an interview with the newspaper, Mansur stated the Bangladesh Monetary Intelligence Unit had additionally shaped 11 joint investigation groups to trace down and reclaim property it believes had been purchased with the funds siphoned out of the banks and to assist prosecute these accountable.
EY and Deloitte didn’t reply to requests for remark exterior common enterprise hours. Efforts to contact KPMG for a remark by their web site weren’t profitable.
Mansur, who was appointed central financial institution governor by interim nationwide chief Muhammad Yunus after Sheikh Hasina fled to India in August, stated to the FT the investigations would have a look at 10 main Bangladeshi companies in addition to the ousted former chief and her relations.
Mansur, a former economist on the Worldwide Financial Fund, has been tasked with serving to to stabilise Bangladesh’s financial system. He’s additionally starting the method of recovering what he estimates is a minimum of 2 trillion taka ($16.46 billion) taken from the banks throughout the 15 years when Hasina and her Awami League social gathering had been in energy, the FT stated.
($1 = 121.5000 taka)
