FT Online

Published:
2019-09-18 15:59:41 BdST

Probe report in BB reserve heist case on Oct 20


A Dhaka court on Tuesday set October 20 to submit probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016.
 
Dhaka Metropolitan Magistrate Sadbir Yasir Ahsan Chowdhury set the new date as the investigation agency CID could not submit the report today, BSS reports.
 
Hackers stole $101m from BB’s accounts with the Federal Reserve Bank of New York in February 2016. Of the amount, $81 million was transferred to four accounts with RCBC in Manila and another $20 million to a bank in Sri Lanka.
 
But the transfer of $20 million to Sri Lanka failed because of a spelling error by the hackers. Later, the BB was able to retrieve about $15 million from the Philippines.
 
Bangladesh Bank Deputy Director (accounts and budgeting) Zobayer Bin Huda filed the case with Motijheel Police Station on March 15, 2016.
 
The Criminal Investigation Department (CID) is now probing the case.

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