Bangladesh Bank seeks consensus with Philippines on heist issue | 2019-03-05 | daily-sun.com

Bangladesh Bank seeks consensus with Philippines on heist issue

Staff Correspondent

5th March, 2019 01:25:33 printer

Bangladesh Bank seeks consensus with Philippines on heist issue

The central Bangladesh Bank (BB) authorities are going to the Philippines to ensuere the return of the remaining money stolen in a heist by international hackers.

 

A top level delegation consisting bankers and lawyers will left Dhaka for Manila next week to meet the defended on the case about the much-talked-about cyber heist, BB lawyer Azmalul Hoque QC said in a briefing Monday.

 

Bangladesh authorities filed a case with a New York court on February 1 against the defending officials of the Rizal Commercial Banking Corporation (RCBC).

 

Cyber hackers stole reserve from the BB’s account with Federal Reserve Bank of New York on February 4, 2016 using fraudulent orders on the SWIFT payments system.

 

Eminent lawyer Ajmalul said: “We are following the legal process and going to Manila. NY court has set April 2 for next hearing. Meanwhile we will meet the defender to find an amicable settlement.” A strategic decision for the Manila visit would betaken in an intra-delegation meeting on March 10 in Dhaka.

 

Earlier, BB authorities said the on-going case against RCBC would be settled within two years.


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