The Financial Institutions Division of the Ministry of Finance issued Circular No. 53.00.0000.311.40.003.17-126, dated 29/09/2024, to restructure the Inter-Agency Task Force on Stolen Asset Recovery and Management as part of the current government's commitment to recovering money siphoned off abroad.
The Governor of Bangladesh Bank has been appointed as the Chairman of the Task Force. The Task Force comprises members from the following organizations (total of 10 members):

• 1. Ministry of Home Affairs
• 2. Ministry of Foreign Affairs
• 3. Financial Institutions Division
• 4. Law and Justice Division, Ministry of Law, Justice, and Parliamentary Affairs
• 5. Anti-Corruption Commission (ACC)
• 6. Criminal Investigation Department (CID), Bangladesh Police
• 7. Attorney General’s Office
• 8. Customs Intelligence and Investigation Directorate (CIID), National Board of Revenue (NBR)
• 9. Central Intelligence Cell (CIC), National Board of Revenue (NBR)
• 10. Bangladesh Financial Intelligence Unit (BFIU)

The BFIU has been assigned to provide secretarial support to the Task Force.
The following functions have been assigned to the newly formed Task Force:

• a) Assisting relevant authorities in identifying and investigating money or assets siphoned off from Bangladesh.
• b) Identifying and addressing obstacles to expedite legal proceedings related to asset recovery.
• c) Taking initiatives to recover stolen assets and repatriate them to Bangladesh.
• d) Undertaking necessary measures for the management of seized or recovered assets.
• e) Coordinating with relevant countries and foreign organizations for information gathering.
• f) Enhancing the capacity of concerned authorities and ensuring internal coordination for effective asset recovery efforts.