Nagad organises workshop on money laundering & crime control

‘Nagad,’ one of the country’s leading mobile financial services, recently conducted a workshop for the entrepreneurs in Gaibandha district aiming at identifying, controlling and preventing money laundering in order to avert fraudulent activity and terrorism financing.

During the session, the speakers emphasized the importance of preventing money laundering and terrorist financing for conducting ‘Nagad’ business and identifying potential risk areas. The organisers also discussed the strategies for increasing awareness of the entrepreneurs, reporting suspicious transactions, and raising awareness about fraudulent activity.

Lt Col Md Kousar Soukat Ali (retd), Chief of External Affairs Officer of Nagad, said, “Nagad has always prioritised entrepreneurial awareness and a secure business framework. As part of our efforts, we will continue to organize such awareness events across the country.”

Representatives of the Gaibandha District Police highlighted their expertise in conducting various criminal cases, including fraud, and relevant challenges, and drew attention to the areas of cooperation of the entrepreneurs at the workshop.

Md. Mahbub Alam, PPM, DIG (Retd.), Head Stakeholder Management of Nagad assured complete cooperation in the correct procedure of regulating with the assistance of Nagad. He also urged the police department to work cooperatively with the local ‘Nagad Uddoktas’.

Additionally, top authorities from ‘Nagad’ visited several ‘Uddokta points’ in Gaibandha, Rangpur and Nilphamari districts to apprise them of the importance of preventing money laundering and terrorism funding. The entrepreneurs of Nagad participated spontaneously in the inspection process and made several constructive proposals to address the different obstacles inherent in running the business.

The workshop was also attended by Gaibandha District Police representative and senior officials.

Source: United News of Bangladesh