Wednesday, January 30, 2019

Bangladesh Bank filing lawsuit with NY Court over $81 million cyber heist


Bangladesh Bank will file a lawsuit against Rizal Commercial Banking Corporation of Philippines and multiple unidentified persons over $81 million cyber heist from the central bank’s account at the New York Federal Reserve.
The lawsuit will be filed by Bangladesh Bank representatives at the New York court on Wednesday.
BB governor Fazle Kabir said that the central bank aims to bring back the stolen reserves by taking it to court.
While speaking at a media briefing in Dhaka on Wednesday, Fazle Kabir said a legal team representing Bangladesh Bank is already in New York and everything has been prepared to file a case against the Manila-based bank. 
Individuals who either benefited from or were complicit in the heist carried out by hackers would be named in the case with the New York Court, he said.

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