Central bank reserve heist: Court fixes probe report submission date

A Dhaka court on Sunday set 10 September as the date to submit probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016, reports news agency BSS.

Dhaka metropolitan magistrate Baki Billah set the date as the investigation agency CID could not submit the report today.

Hackers stole $101 million from the Bangladesh Bank’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. The central bank of Bangladesh could retrieve only about $15 million from the Philippines in the last four years.

Bangladesh Bank deputy director (accounts and budgeting) Zobayer Bin Huda filed the case with Motijheel police station on 15 March 2016.

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