Probe Report In BB Reserve Heist Case Dec 8

A Dhaka court today set December 8 as the new deadline for submitting the probe report in the case filed over the 2016 Bangladesh Bank (BB) reserve heist.

Dhaka Additional Chief Metropolitan Magistrate Zakir Hossain fixed the date after the Criminal Investigation Department (CID), the agency investigating the case, failed to submit the report today.

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

However, the transfer to Sri Lanka was unsuccessful due to a spelling error made by the hackers. Later, BB managed to recover about $15 million from 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.