Bangladesh Bank to file case in New York

Staff Correspondent | Published: 15:04, Feb 07,2018

 
 

Finance minister AMA Muhith on Wednesday said Bangladesh has decided to file a case in New York over the theft of the country’s reserve fund worth 81 million US dollar by suspected hackers in 2016.

Some lawyers are now discussing the matter, he said while talking to reporters after a meeting of the cabinet committee on national purchase at secretariat.

He said the case will be filed in New York.

The Federal Reserve from where the Bangladesh Bank fund was channel out to Philippines would be a party of the Bangladesh Bank, he said.

Out of 81 million US dollar, the authorities in Philippines has recovered 15 million and returned to Bangladesh Bank in November 2016.

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