• Friday, Jan 24, 2020
  • Last Update : 02:19 am

Report in Bangladesh Bank heist case on May 21

  • Published at 01:25 pm April 17th, 2019
web-Bangladesh bank-bb
The Bangladesh Bank building at Motijheel Mehedi Hasan/ Dhaka Tribune

Hackers stole $101 million from Bangladesh Bank’s accounts February 2016

A Dhaka court has set May 21 to submit a probe report in a case lodged over the Bangladesh Bank (BB) reserve heist that took place in 2016.

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

Hackers stole $101 million 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. 

Also Read- The Bangladesh Bank heist and beyond

However, the transfer of $20 million to Sri Lanka failed because of a spelling error by the hackers. Later, the Bangladesh Bank 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.