Tag: Bangladesh Bank

Deguito to appeal Makati court decision convicting her of money laundering

(Eagle News)—The former RCBC bank manager who was found guilty of money laundering in connection with the $81-million cyberheist on Bangladesh’s central bank three years ago will appeal the decision of the Makati court. In an interview with reporters, Demetriou Custodio, Maia Deguito’s lawyer, said his client would avail of all legal remedies. “Right now, we are going to file a motion for reconsideration,” he said. According to Demetriou, until the case  “reaches the Supreme Court, […]

Palace backs legal processes for $81-million Bangladesh bank heist

(Eagle News) — Malacanang said it would back all legal processes that aim to ensure the integrity of banking transactions in the Philippines, amid the investigation for the cyber theft of US$81 million from the central bank of Bangladesh. In a statement, Communications Secretary Herminio Coloma said that “the government supports all legal processes that are observed to ensure the integrity of all banking and financial transactions in the Philippines.” “The Anti-Money Laundering Council has […]

Bangladesh, may lead na sa identity ng hackers

(Eagle News) — Mayroon nang lead ang Government of Bangladesh sa pagkakakilanlan ng mga hacker na umatake sa kanilang account sa Federal Reserve Bank of New York at nagnakaw ng $81 million sa Central Bank of Bangladesh. Ayon kay Bangladesh Ambassador to the Philippines John Gomes, nasa 20 mga indibiduwal mula sa iba’t ibang bansa ang sinasabing nasa likod ng grupong nagtangkang limasin ang kaban ng Bangladesh sa pamamagitan ng hacking. Dagdag pa nito, hindi […]

China calls Philippines senator’s hacking accusations “irresponsible”, defends operations in South China Sea

(Reuters) — China on Wednesday (April 6) hit back at accusations from a Philippine senator, who said that Chinese hackers were likely to have pulled off one of the world’s biggest cyber heists at the Bangladesh central bank. Unidentified hackers infiltrated the computers at Bangladesh Bank in early February and tried to transfer a total of $951 million from its account at the Federal Reserve Bank of New York. All but one of the 35 […]

Bangladesh central bank chief resigns

Dhaka, Bangladesh (AFP)—Bangladesh’s central bank chief resigned on Tuesday, the finance minister said, after hackers stole $81 million from the nation’s foreign reserves in an audacious cyber-heist that has hugely embarrassed the government. “He called me yesterday and I’ve asked him to resign. And he has resigned today,” minister A.M.A Muhith told AFP, referring to the Bangladesh Bank governor Atiur Rahman. © 1994-2016 Agence France-Presse

Part of $100 mn hacked from Bangladesh Bank recovered: statement

DHAKA, Bangladesh (AFP) — Bangladesh’s central bank said Monday that part of almost $100 million allegedly stolen from a reserve account in the United States last month has been recovered. Suspected Chinese hackers stole the money from the foreign exchange account in the Federal Reserve Bank of New York on February 5, according to a central bank official and media reports. Some of the money was then illegally transferred online to the Philippines and Sri […]