BB heist probe report submission deferred to Jan 13

A Dhaka court on Monday set January 13 as the deadline to submit a probe report in the case filed over the 2016 Bangladesh Bank (BB) reserve heist.

Dhaka Additional Chief Metropolitan Magistrate Jashita Islam fixed the new date after the investigation agency, the Criminal Investigation Department (CID), failed to submit the report today.

According to case documents, unidentified hackers stole $101 million from BB’s accounts at the Federal Reserve Bank of New York on February 5, 2016. Of the stolen amount, $81 million was transferred to four accounts at RCBC in the Philippines, while another $20 million was sent to a bank in Sri Lanka.

However, the $20 million transfer to Sri Lanka failed due to a spelling error by the hackers. Later, BB was able to recover about $15 million from the accounts in the Philippines.

Then Deputy Director (Accounts and Budgeting) of Bangladesh Bank, Zobayer Bin Huda, filed the case with Motijheel Police Station on March 15, 2016.