NBR is trying the best to prevent money laundering from both home and abroad, said the National Board of Revenue (NBR) Chairman Md Nojibur Rahman on Wednesday. 

"We are working closely with other intelligence organization to prevent money laundering and we have strengthened our surveillance in this connection. We have also surveillance on money laundering from home as well as abroad as incoming money in many cases are used to commit various crimes inside the country". The NBR chairman said this while inaugurating a workshop titled, "Countering Trade Based Money Laundering" at its headquarter at IDEB Bhaban in the capital on Wednesday.

"Many developed countries don't oppose investing laundering money in their land. So we have to be aware boosting surveillance about money laundering from our country," said Md Nojibur Rahman.

Money laundering from Bangladesh hits decade high according to a report of Global Financial Integrity. GFI report finds capital outflow from Bangladesh rose by 33.78 percent year -on- year to $9.66 billion in 2013 through trade over invoicing and other channels. A total of 50 intelligence and customs officials participated in the programme.

The Money Laundering Prevention Amendment Act 2015 has empowered customs to investigate and prosecute allegations of money laundering. At least six predicate offences are treated as customs offences which are liable for prosecution under the new amended act.

According to report about 85 percent money laundering takes place through trade in Bangladesh.