"These illiterate people put millions of dollars in the banks. (But) when they attempt to send money through the banks, the Saudi secret police whisk them away and charge them with money laundering. So, some of them think of sending money through hundi." - Dr. Arifur Rahman, living in the Kingdom for 27 years. (BDNews24.com)
July 03, 2009
Many Bangladeshi workers struggle in Saudi Arabia to earn some foreign currency and send some savings to home. According to a latest report there are also some 50,000 Bangladeshi businessmen in Saudi Arabia and they prefer Hundi to Bank remittances.