A Dhaka court today (Jan 1) directed the Criminal Investigation Department (CID) to submit its probe report on February 14 in a case filed for a $101m heist from Bangladesh Bank.

The fixing of the new date deferred the probe report submission for the 69th time.

Dhaka Metropolitan Magistrate Rajesh Chowdhury passed the order after the investigating officer of the case failed to submit the report before the court today.

Hackers stole $101 million from Bangladesh's central bank account with the Federal Reserve Bank of New York, using fake orders on the SWIFT payments system in February 2016.

Of the stolen amount, $81 million was transferred to four accounts with the Rizal Commercial Banking Corporation (RCBC) in Manila, and another $20 million to a bank in Sri Lanka.

However, the $20 million transfer to Sri Lanka failed due to a spelling error by the hackers and the Bangladesh Bank got back that amount from Sri Lanka.

Later, the central bank of Bangladesh was able to retrieve only about $15 million from the Philippines.

Bangladesh Bank Deputy Director (accounts and budgeting) Zobayer Bin Huda filed a case with Motijheel police station on March 15, 2016 in this connection under the Money Laundering Act, Information and Communication Technology Act and the Penal Code.
 
BDST: 1658 HRS, JAN 01, 2022
MN/SMS