DHAKA: Two Chinese businessman had allegedly brought the $81 million stolen funds from the Bank of Bangladesh into the Philippine financial system, junket operator Kim Wong, also known as Kam Sin Wong, told a Senate hearing on Tuesday.

Wong identified the two as Shuhua Gao and Ding Zhize during the ongoing investigation of the Senate blue ribbon committee on Tuesday.

Wong said Gao has been a junket agent for almost eight years now, while Ding, a businessman from Macau, was introduced to him by Gao.

Wong said Gao borrowed P450 million from him after incurring big losses at a casino in Solaire.

Last month hackers got away with one of the biggest heists in history in a scheme involving the Bangladesh central bank and the Federal Reserve Bank of New York.

They stole legitimate login credentials from Bangladeshi officials and, in a barrage of transfer requests, convinced the New York Fed to transfer money from the Bangladesh account in New York to another account, known as “the Shalika Foundation,” in Sri Lanka.

The hackers would have made away with nearly $1 billion had they not spelled “foundation” as “fandation,” triggering warnings from the New York Fed.

BDST: 1400 HRS, MAR 29, 2016
AKA