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TUESDAY, MAY 20, 2025
BB reserve heist: Probe report delayed for 72nd time

Bangladesh

TBS Report
23 January, 2020, 01:50 pm
Last modified: 23 January, 2020, 01:52 pm

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BB reserve heist: Probe report delayed for 72nd time

Hackers stole $101 million from Bangladesh Bank's accounts with the Federal Reserve Bank of New York in February 2016

TBS Report
23 January, 2020, 01:50 pm
Last modified: 23 January, 2020, 01:52 pm
BB reserve heist: Probe report delayed for 72nd time

The deadline for submitting the probe report of the Bangladesh Bank reserve heist case has been deferred for the 72nd time.

Now Metropolitan Magistrate Sadbir Yasir Ahsan Chowdhury has set February 24 for the submission today.

Hackers stole $101 million from Bangladesh Bank's accounts with the Federal Reserve Bank of New York in February, 2016.

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Of the amount, $81 million was transferred to four accounts with the Rizal Commercial Banking Corp in Manila, the Philippines, 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 Bangladesh Bank was able to retrieve about $15 million from the Philippines.

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

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Bangladesh Bank / Reserve Heist / delayed

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