BB reserve heist case: Report on Sept 10...

Dhaka, Saturday   26 September 2020

BB reserve heist case: Report on Sept 10

 Staff Correspondent

 Published: 05:13 PM, 9 August 2020  

File Photo

File Photo

A court on Sunday set September 10 to submit probe report in the case lodged over Bangladesh Bank (BB) reserve heist. 

As the investigation agency Criminal Investigation Department (CID) could not submit the report today, Dhaka Metropolitan Magistrate Baki Billah fixed the new date. 

Hackers stole $101m 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. 

However, the transfer of $20 million to Sri Lanka failed because of a spelling error by the hackers. Later, the BB was able to retrieve about $15 million from the Philippines. 

On March 15, 2016, Bangladesh Bank Deputy Director (accounts and budgeting) Zobayer Bin Huda filed the case with Motijheel Police Station. 

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