A Dhaka court today (July 31) directed the Criminal Investigation Department (CID) to submit its probe report on September 20 in a case filed for a $101m heist from Bangladesh Bank.

The fixing of the new date deferred the probe report submission for the 73rd time.

Dhaka Metropolitan Magistrate Rajesh Chowdhury set the date as the CID, the investigating agency, failed to submit its report to the court on Monday.

Hackers stole $101 million from Bangladesh's central bank account with the Federal Reserve Bank of New York, using fake orders on the SWIFT payments system in February 2016.

Of the stolen amount, $81 million was transferred to four accounts with the Rizal Commercial Banking Corporation (RCBC) in Manila, and another $20 million to a bank in Sri Lanka.

However, the $20 million transfer to Sri Lanka failed due to a spelling error by the hackers and the Bangladesh Bank got back that amount from Sri Lanka.

Later, the central bank of Bangladesh was able to retrieve only about $15 million from the Philippines.

Bangladesh Bank Deputy Director (accounts and budgeting) Zobayer Bin Huda filed a case with Motijheel police station on March 15, 2016 in this connection under the Money Laundering Act, Information and Communication Technology Act and the Penal Code.

BDST: 1537 HRS, JULY 31, 2023
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