The Financial Express

Court seeks reserve heist probe report on November 20

| Updated: October 20, 2019 18:29:36

Court seeks reserve heist probe report on November 20

A Dhaka court has asked Criminal Investigation Department (CID) to submit probe report in the case lodged over Bangladesh Bank (BB) reserve heist on November 20.

Dhaka Metropolitan Magistrate Sadbir Yasir Ahsan Chowdhury set the date as the investigation agency CID could not submit the report on Sunday.

Hackers stole $101 m 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. Criminal Investigation Department (CID) is now probing the case.

Share if you like