The two-member team will represent Bangladesh in completing all the formalities in bringing back the $15.25m, surrendered by a Chinese-born casino owner, Abu Hena Mohammad Razee Hassan, deputy governor of Bangladesh Bank.
“Of the rest $65.68m, $30mis still tied in Solaire Casino in Philippines. The legal procedure of returning the portion is ongoing in a Filipino court,” said the Bangladesh Bank executive.
He also said the value of assets of Solaire Casino that was forfeited is far more than the BB’s heist portion left with the casino.
A Philippines court in September adjudged that Bangladesh Bank was the rightful owner of around $15.25m surrendered by Kim Wong and his Eastern Hawaii Leisure Company, according to a court order.
Also read- Bangladesh Bank stolen reserve money due in a week
Wong, who returned $4.63m million and 488.28m pesos ($10.05m) to Filipino authorities from the millions of dollars he took from two Chinese high-rollers, has denied any role in one of the world's biggest cyber heists.
Earlier on October 30, a Manila court cleared an ‘execution suit’ outlining the procedures for sending back $15.25m of Bangladesh Bank’s reserve heist money from Philippines. According to the court order, November 24 is the last deadline to return the money.
The recovered fund is now secure in the vaults of the Philippine central bank, Reuters reported quoting John Gomes, Bangladesh's ambassador to the Philippines, who attended a count of the money last week.
"The writ of execution that the money be handed back to Bangladesh has already been done by the court," Gomes said.
"The good thing is now that the process on this $15m is more or less completed, we will go for the rest."
