A Dhaka court has set a new deadline of January 13 for the submission of the probe report regarding the massive Bangladesh Bank (BB) reserve heist that occurred in 2016.
Dhaka Additional Chief Metropolitan Magistrate Jashita Islam set the new date. The postponement was ordered because the investigating agency, the Criminal Investigation Department (CID), failed to submit the report today (Monday).
Unidentified hackers stole $101 million from the Bangladesh Bank's accounts held at the Federal Reserve Bank of New York. $81 million was successfully transferred to four accounts with the Rizal Commercial Banking Corporation (RCBC) in the Philippines.
An additional $20 million transfer, aimed at a bank in Sri Lanka, failed due to a spelling error made by the hackers. The BB later managed to retrieve approximately $15 million from the funds sent to the Philippines.
The case was filed on March 15, 2016, at Motijheel Police Station by Zobayer Bin Huda, who was then Deputy Director (accounts and budgeting) of Bangladesh Bank. The investigation has been ongoing since that time.
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