Probe report on BB heist case deferred to Mar 31

A Dhaka court has fixed March 31 for the submission of an investigation report in a case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016.

Dhaka Metropolitan Magistrate Sadbir Yasin Ahsan Chowdhury postponed the date of submission since the Criminal Investigation Department (CID) of police was unable to submit the report on Wednesday (February 17).

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.

CID is currently probing the case.

nh/wi