Home ›› Economy ›› Banking

ONLINE EDITION

Bangladesh Bank cyber heist: Probe report delayed for 68th time

Staff Correspondent
16 Nov 2022 13:11:12 | Update: 16 Nov 2022 19:50:49
Bangladesh Bank cyber heist: Probe report delayed for 68th time

A Dhaka court has fixed January 1 for the Criminal Investigation Department (CID) of police to submit a probe report in a case lodged over Bangladesh Bank (BB) reserve heist in 2016.

Metropolitan Magistrate Rajesh Chowdhury postponed the date for 68th time after Raihan Uddin Khan, additional superintendent of police and also investigation officer of the case, failed to submit the probe report on Wednesday.

In February 2016, hackers stole 101 million US dollars from BB’s accounts with the Federal Reserve Bank of New York. Of the amount, 81 million dollar was transferred to four accounts with Rizal Commercial Banking Corporation (RCBC) in Manila, the Philippines, and another 20 million dollar to a bank in Sri Lanka.

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

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