Probe Report in BB Reserve Heist Case Mar 31

A Dhaka court on Wednesday set March 31 to submit a probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016.

Dhaka Metropolitan Magistrate Sadbir Yasir Ahsan Chowdhury set the date as the investigation agency Criminal Investigation Department (CID) failed to present the report today.

Hackers stole $101m 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, Philippines.

But the transfer of $20 million to Sri Lanka 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.

The CID is now probing the case.