Six RCBC officers indicted in BB heist case

A former treasurer and five other officers and employees of the Philippines’ listed Rizal Commercial Banking Corporation (RCBC) are charged with violation of anti-money laundering act, according to The Rappler.

The Anti-Money Laundering Council (AMLC) has reportedly indicted them in connection with the $81-million cyber heist involving the funds owned by Bangladesh Bank.

The key persons who are charged before the Department of Justice (DOJ) for violating the act are former RCBC treasury and retail banking group head Raul Victor Tan, national sales director Ismael Reyes, regional sales director Brigette Capiña, and district sales director Nestor Pineda.

Also charged are RCBC customer service head Romualdo Agarrado and former RCBC senior customer relations officer Angela Ruth Torres.

According to the Rappler report, both Agarrado and Torres were assigned to the Jupiter branch headed by fired branch manager Maia Santos-Deguito who allegedly facilitated the entry and release of the funds from the Bangladesh Bank last February.

However, the report said, former RCBC president and CEO Lorenzo Tan was not included in the charge sheet. He tendered his resignation last May 6 after he was cleared by an internal investigation conducted by RCBC.