Bangladesh Bank to sue Philippines RCBC bank to recover stolen money | 2018-02-07 | daily-sun.com

Bangladesh Bank to sue Philippines RCBC bank to recover stolen money

Sun Online Desk     7th February, 2018 06:05:23 printer

Bangladesh Bank to sue Philippines RCBC bank to recover stolen money

The Bangladesh Bank has decided to file a case against Philippine's Rizal Commercial Banking Corporation (RCBC) bank with a New York court to recover the money stolen from its account with the Federal Reserve Bank in 2016.

 

Bangladesh Bank Deputy Governor Abu Hena Mohd Razee Hassan said this at a press briefing in the capital on Wednesday.

 

Abu Hena also said they have already sent a proposal to SWIFT and the Federal Reserve Bank of New York in this regard, but yet to get any response.

 

Hackers swindled out $US 101 million from the central bank's account with the Federal Reserve Bank in February, 2016.

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