CID recovers over BDT 44 crore smuggled abroad

The Criminal Investigation Department (CID) has successfully recovered more than BDT 44 crore that had been illicitly transferred abroad through fraud.

Special Police Superintendent of CID, Jasim Uddin Khan, confirmed the development on Sunday (March 29).

He stated that a portion of the funds laundered through the widely reported MTFE (Metaverse Foreign Exchange) scam has been brought back to the country. So far, over BDT 44 crore has been recovered and repatriated.

Jasim Uddin Khan added that the scam involved the transfer of a large sum of money abroad, which CID had been working to retrieve for a long time. Continuous efforts and international cooperation made the recovery possible.

Officials also confirmed that operations are ongoing to recover the remaining laundered funds, and the investigation is still underway.