BB Reserve Heist

Court fixes Feb 24 for submit of probe report

Staff Correspondent

24 January, 2020 12:00 AM printer

A Dhaka court on Thursday set February 24 for submitting the probe report in the case filed over Bangladesh Bank (BB) reserve heist that took place in 2016.

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

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.

Criminal Investigation Department (CID) is now probing the case.


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