Published on 02:04 PM, December 01, 2016

Anisul hopeful of getting back BB stolen money from Philippine

Star file photo of Law Minister Anisul Huq.

Law Minister Anisul Huq today expressed hope that Bangladesh will get back the stolen money of Bangladesh Bank from Philippines.

A case regarding the money, now remains pending with a Philippines court, is expected to be disposed of soon, the law minister said while talking to reporters at his Secretariat office in Dhaka.

Philippines government is sincere to take steps in returning the money to Bangladesh government, he said.

After the disposal of the case, the Philippines government will return the money to Bangladesh, the law minister said.

READ MORE: Govt disappointed by RCBC's refusal to pay

On November 11, BB received $15.25 million from the Philippines' anti-money laundering council, nine months after hackers stole $81 million from the central bank's account with the Federal Reserve Bank of New York.

Yesterday, Finance Minister AMA Muhith expressed utter shock after Rizal Commercial Banking Corp of the Philippines refused to compensate Bangladesh for the $81 million heist.

Bangladesh expected a significant amount of the stolen money would be recovered and RCBC would give the rest as compensation.

RCBC on Tuesday issued a statement saying it had no liability since the BB had been negligent, and the latter should publish the result of its investigation.

Cyber criminals tried to steal about $1 billion from the BB in February, one of the biggest banking frauds in history.

They succeeded in transferring some $81 million via an account at the New York Federal Reserve to four accounts in fake names at a branch of RCBC in Manila.

Most of the money was laundered through casinos in Manila and remains missing.