It takes a regional and international effort to stop the money flow to terrorists, Miller said
US Ambassador to Bangladesh Earl R Miller has said the United States is committed to support Bangladesh in its efforts to tackle money laundering, terrorism financing, and strengthening the rule of law.
The US ambassador made this remark while inaugurating a workshop titled, “Investigating and Prosecuting Financial Crimes” at a hotel in Dhaka on Thursday.
“We share a common goal of preventing terrorism by identifying and choking off financial support for terrorists and their organizations,” he said.
Miller said the US Embassy, through the Department of Justice’s Office of Prosecutorial Development, Assistance and Training (OPDAT) and the State Department, have partnered with Bangladeshi colleagues to monitor programs like this since 2005.
He said it takes a regional and international effort to stop the money flow to terrorists.
Miller also said the US and Bangladesh have been working together to build strong legal institutions that respect the rule of law and are, in turn, respected by fellow citizens. “It is what they expect, and it is what they deserve,” he said.
The envoy, however, said it is not enough to adopt strong laws prohibiting money laundering and terrorism financing. “The laws must be enforced by trained investigators, prosecutors, and analysts,” the ambassador added.
He mentioned that through joint venture like this -- prosecutors, investigators, and regulators get to know each other as well as learn about the unique and crucial role playing.
“This is critical,” Miller said, “because terrorists are becoming more sophisticated by the time.”
He also noted that working in a smarter way, and combining the knowledge and skills are a must.
“We gain through collecting and analyzing financial intelligence, especially when we combine it with other intelligence, [and it] enables us to focus in a precise manner on real threats to our society,” Miller added.
The function was jointly organised by Bangladesh Financial Intelligence Unit (BFIU), the United States Department of Justice’s National Advocacy Center, and the Los Angeles and Miami Divisions of the Federal Bureau of Investigation. BFIU chief Abu Hena Mohammad Razee Hassan also spoke at the program.
Officials from the Ministry of Law, Justice, and Parliamentary Affairs, BFIU, Anti-Corruption Commission, National Board of Revenue, Criminal Investigation Department, Department of Narcotics Control, Attorney General’s Office, and Customs Intelligence and Investigation Directorate also participated in the workshop.