Return stolen assets of developing nations, Yunus urges at UNGA

Chief Adviser Professor Muhammad Yunus has called upon countries and financial institutions that shelter illicit wealth to return stolen assets to developing nations, warning that billions looted from Bangladesh over the past decade remain stuck abroad.Recovering the illicit assets stolen from our country is now one of our highest priorities. In the past fifteen years, billions of dollars were siphoned abroad through corruption. We are working tirelessly to bring this wealth back, Yunus said in his address at the 80th UNGA in New York on Friday.He said Bangladesh’s efforts face legal and procedural hurdles in other countries.Without sincere political commitment from the countries concerned, we will not be able to recover this asset,he cautioned.The Chief Adviser criticised the current global financial system for failing to prevent the illicit transfer of resources from developing nations, and in some cases, even enabling such outflows.The very rules of international financial institutions have facilitated ...

• 26 Sep 2025