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BB heist case report submission on Aug 17

Court Correspondent: A Dhaka court yesterdayset August 17 to submit the probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016.
Dhaka Metropolitan Magistrate MdArafatulRakib fixed the date as the Criminal Investigation Department (CID) failed to present the report yesterday.
On February 4, 2016, a group of hackers stole $101 million from Bangladesh Bank’s accounts with the Federal Reserve Bank of New York.
Of the amount, $81 million was transferred to four accounts with Rizal Commercial Banking Corporation (RCBC) in Manila, the capital of the Philippines, and another $20 million to a bank in Sri Lanka.
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 Criminal Investigation Department (CID) is now probing the case. However, the agency has failed to submit the report 45 times in due dates as of yesterday.

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