The mobile financial service ‘Nagad’ of the postal department has conducted separate workshops in Cumilla and Chattogram to raise awareness about money laundering and terrorism financing in financial transactions on mobile phones.
Recently, two workshops were organized with the motto ‘Stop transacting Hundi, build a beautiful country’.
‘Nagad’ conveyed the news in a press release on Sunday.
Nagad’s Market Director (East Operations) Shahid Ullah presided over the workshop held in Chattogram. Chief Anti-Money Laundering Compliance Officer M Nurul Alam was the chief guest. The key note speaker was Ahmad Ali, Assistant General Manager, Compliance Department, ‘Nagad’.
Besides, the senior officials of the regional and head offices of ‘Nagad’ were present.
Cumilla and Chattogram regional sales manager Mehdi Ahmed Siddiqui and Mohd. Shamimul Hasan Chowdhury conducted the workshops respectively. At the workshop, they made the entrepreneurs aware of the need to prevent money laundering and terrorist financing, potential risk areas, hundi, betting and other crimes in running the business as ‘Nagad’ entrepreneurs.
Besides, case studies on suspicious transaction reporting, fraud were also discussed in detail.
Basically, this workshop was organized to raise awareness about bringing remittances, hundi, illegal foreign currency or cryptocurrency transactions. Where the possibilities, risks and caveats of an entrepreneur are discussed in detail.
Apart from this, the negative impact on the country’s economy as a whole in bringing remittances through illegal means is highlighted in detail through the documentaries.
The Chief Guest and Chief Anti-Money Laundering Compliance Officer M Nurul Alam thanked the channel partners for participating in the workshop. He mentioned the important role of entrepreneurs in preventing money laundering and financing of terrorism and urged everyone to work together to prevent all kinds of misuse of ‘Nagad’ platforms by criminals.
Apart from this, he hoped to organize such awareness workshops in all parts of the country as part of the compliance activities of Nagad.
President of the workshop Md. Shahid Ullah said, ‘The main driving force of ‘Nagad’ is the entrepreneurs of the company.’ He urged entrepreneurs to be aware of money laundering and terrorism financing.