Court fixes new date for Bangladesh Bank reserve heist probe report

A Dhaka court on Wednesday set 23 December as the date to submit probe report in a case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016, reports BSS.

Dhaka metropolitan magistrate Shorafujjaman Ansari set the new 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, New York in February 2016. Of the amount, $81 million was transferred to four accounts with Rizal Commercial Banking Corporation (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 BB could retrieve only about $15 million from the Philippines.

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.