DHAKA: A three-member committee, led by former BB Governor Faras Uddin has been formed to investigate the theft of money from Bangladesh Bank account in US Federal Bank.

Finance Minister Abul Maal Abdul Muhith disclosed the matter while talking to reporters at his office on Tuesday (March 15).

One of the two other members is the additional secretary of Bank and Financial Institution division Gokul Chandra Das.
 
Bank robbers successfully made five transfers out of the Bangladesh bank's account at the New York Federal. The request appeared to come from a Bangladesh server, and they supplied the correct bank codes to authenticate the transfers, the New York Fed said.

Of the $101 million they stole, $80 million ended up in accounts located in the Philippines, and $21 million went to Sri Lankan accounts.

BDST:  1451 HRS, MAR 15, 2016
RS/SMS