The meeting began at the secretariat on Sunday morning.
Earlier, a five-member delegation, led by the law minister, met with officials of the Philippines government to discuss the legal details concerning the retrieval of the reserve that was stolen from its account with the Federal Reserve Bank of New York in February.
Other members of the delegation were Bangladesh Bank Governor Fazle Kabir, Attorney General Mahbubey Alam, Financial Institutions Division Secretary Eunusur Rahman and President of Parliamentary Standing Committee on Finance Ministry Dr Md Abdur Razzak.
In a press briefing on December 1, Anisul Huq said that the Philippines senate president, Aquilino Pimentel Jr, and Finance Minister Carlos Dominguez had assured them of taking all out effort to recover the money from RCBC. “Out of the $66m, only $29m went to casino which is definitely recoverable,” he claimed.
Unknown cyber criminals tried to steal nearly $1bn from the Bangladesh Bank in February, which is dubbed one of the biggest bank frauds ever. They succeeded in transferring some $81m via an account at the New York Fed to four accounts in fake names at a branch of RCBC in Manila. Most of the money was laundered through casinos in Manila and remains missing.
Only about $15m has so far been recovered and returned to Bangladesh, with a further $2.7m frozen.
The RCBC was fined a record one billion Philippine pesos ($20m) by the Philippines central bank, about one fifth of its net profit last year, for its failures to prevent the Bangladesh Bank money from being transferred through accounts at the bank.
An anti-money laundering body last week filed charges against five officials of RCBC in connection with the heist. The central bank has already recovered $15.25m from the Philippines’ anti-money laundering council and $20m from Sri Lanka.
Bangladesh Bank authorities also filed a case while a high-profile team involving a former governor of the bank investigated the matter and submitted a report to the government.
Thursday, June 04, 2026
