Staff Reporter

Black money holders are slow to respond to the Government’s two-types of clemency offers: by confessing corruption before the Truth and Accountability Commission (TAC) or by whitening black money by paying a certain amount of tax to the public exchequer.
So far, only four people have come up before the TAC for rectifying themselves suo moto, while 92 wealthy men have whitened their black money at the National Board of Revenue (NBR) availing the amnesty. The government received only Tk 23.90 lakh taxes after legalising Tk 3.38 crore, sources at the NBR said. [Read more]