The government is considering out-of-court settlements as an option to recover laundered money from abroad, as the formal legal process is often time-consuming.

The Anti-Corruption Commission has decided to work with the Federal Bureau of Investigation of the US to bring back money siphoned off abroad.

The Bangladesh Financial Intelligence Unit (BFIU) has confiscated Tk 1,294 crore from money launderers since the fiscal year of 2016-17 as per court orders, said the agency yesterday.