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		<lang class="3" colour="#000000" orgstyle="HEAD new 2" style="Headline1"  font="Blacker Pro Display" fontStyle="Regular" size="22">‘Sanctions a tool against corruption’ </lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="FROM PAGE" font="Blacker Pro Display" fontStyle="Bold" size="7">FROM PAGE 12
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="INDENTLESS BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">maintains its obligations to international conventions including the UN Convention Against Corruption.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“From time to time, there are instructions from the court on curbing corruption. We said how we implement them. We will be happy to collaborate for training in future,” he said.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">They also discussed the issues of money laundering and ways for prevention.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Not all countries or banks, especially the offshore countries where money is laundered, cooperate when Bangladesh seeks information on ill-gotten wealth, Momen said.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">There needs to be more transparency and accountability in terms of international cooperation as one single country or body cannot prevent corruption of international nature.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“I told them there should be mutual cooperation on curbing corruption,” he said, adding that there should be strong mechanisms to repatriate ill-gotten money stuck in foreign banks.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">If the cooperation of all is not there, it will be difficult to curb money laundering, Momen added.
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Meanwhile, Nephew invited Bangladesh to attend the 20th anniversary of the UN Convention Against Corruption in Atlanta in December this year where they would seek the commitment of all to curb corruption.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Bangladesh will attend the event, according to Momen.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Besides, Law Minster Anisul Huq will also attend a ministerial meeting of G20.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Asked if the foreign ministry has taken any initiative to bring back money laundered by S Alam, Momen said they have not received any instruction.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“If ACC requests, we will do whatever we can do as per the law,” he said.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Meanwhile, Nephew wanted to know from civil society leaders the challenges of curbing corruption and what role the US can play in supporting Bangladesh towards this end.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“We said they can help strengthen our institutions and capacity building of those working to curb corruption,” said Iftekharuzzaman, executive director of Transparency International Bangladesh, after the meeting with Nephew at the US embassy.
</lang>
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<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Bangladesh has quite good policies and laws, but their implementation is weak, he said. In terms of preventing money laundering, the ACC needs to improve its skills, he said.
</lang>
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<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Iftekharuzzaman also pointed out that corruption has an international dimension, especially in the case of money laundering.
</lang>
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	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Some countries created scope for foreign investments without questioning the source of money. Taking advantage of such loopholes, some big fish launder money.
</lang>
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<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Nephew recognised that this is a problem and will look into the issue, Iftekharuzzaman told The Daily Star.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“We also said that civil society organisations have to create demand for curbing corruption. This requires creating space for civil society. The US can provide support towards this end,” he added.
</lang>
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