Wednesday, 1 February, 2023

CID gets 30 more days to submit report on BB reserve heist

A Dhaka court today allowed 30 more working days to investigation agency Criminal Investigation Department (CID) for submitting its report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016.

Dhaka Metropolitan Magistrate Arafatul Rakib passed the order as investigation officer (IO) and CID additional superintendent of police Raihan Uddin Khan had pleaded for 180 more days for submitting the report.

Today was fixed for holding hearing on the plea of the IO, but as he is in Mekkah for performing Hajj, the court could not hold hearing on the matter and allowed him 30 more days to submit the report. The court set November 16 for holding further hearing on the matter.

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.