Probe report in BB reserve heist case on Nov 16

A Dhaka court on Sunday (October 2) set November 16 to submit the investigation report in the case filed over Bangladesh Bank (BB) reserve heist that took place in 2016.

Dhaka Metropolitan Magistrate Arafatul Rakib set the date as the investigation agency CID failed to submit the report today.

Hackers stole $101 million 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.

But the transfer of $20 million to Sri Lanka was failed because of a spelling error by the hackers. Later, the BB 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.

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