Bangladesh retracts death penalty for counterfeiting currency
Bangladesh's central bank has withdrawn a proposal to make counterfeiting currency a capital offense after Germany’s central bank said it would suspend a plan to help the Bangladeshi bank because of the death penalty threat.

Bangladesh Bank governor Atiur Rahman said the proposal to impose the death penalty for forgery had been forwarded by a central bank anti-counterfeiting committee to the government without his knowledge.

Rahman said, “It’s unfortunate to send such an inhuman proposal,” adding that he had only learned of the proposal on Thursday after a report that Germany’s Bundesbank said it had suspended plans to assist the Bangladeshi bank.

Rahman said as soon as he found out about the death penalty proposal, he ordered it recalled. He said, “It went mistakenly without thorough review."

The German central bank said in a statement, “The Bundesbank thinks that counterfeiting is a serious offence, but considers the threat of a death penalty as excessive.”
Posted by: ryuge 2013-01-19