CID gets more time to submit probe report

A Dhaka court yesterday set a fresh deadline until October 20 for the Criminal Investigation Department to submit its probe report in the case lodged over Bangladesh Bank’s reserve heist in 2016.

Dhaka Metropolitan Magistrate Sadbir Yasir Ahsan Chowdhury set the new date as the CID could not submit the report yesterday.

Hackers stole $101 million from BB’s accounts with the Federal Reserve Bank of New York in February 2016. Of the amount, $81 million was transferred to four accounts with RCBC in Manila and another $20 million to a bank in Sri Lanka. But the transfer of $20 million to Sri Lanka failed because of a spelling error by the hackers. Later, the BB was able to retrieve about $15 million from the Philippines.

Bangladesh Bank Deputy Director (accounts and budgeting) Zobayer Bin Huda filed the case with Motijheel Police Station on March 15, 2016.

The CID is probing the case.