• Monday, Jul 13, 2020
  • Last Update : 05:54 pm

'Execution suit' filed to send back $15.25m to Bangladesh from Manila

  • Published at 06:43 pm October 22nd, 2016
'Execution suit' filed to send back $15.25m to Bangladesh from Manila
"The 'execution suit' will outline the whole procedure for sending back the money from Manila," Bangladesh Bank Deputy Governor Abu Hena Mohammad Razee Hassan said on Saturday, reports BSS. "We expect the entire process to be cleared by the second week of November," he added. According to Bangladesh Bank, the recovered amount is now at Philippines Central Bank vault. "A Manila court declared Bangladesh as the rightful owner of the funds, totalling $15.25 million," said a report from the Philippines capital, quoting Chief State Counsel of the Philippines' Department of Justice Ricardo Paras III as saying. After the return of the money from Manila, the total recovered amount will stand at $35.25 million as Bangladesh Bank was able to bring back $20 million earlier from Sri Lanka. Unknown hackers stole a total of $101 million from Bangladesh's account at the New York Fed on February 4 this year. They were able to transfer $81 million to four accounts at Rizal Commercial Banking Corp 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.
50
50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail