Bangladesh readies legal battle in U.S. over reserves heist
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E-mail Xinhua, January 21, 2019
DHAKA, Jan. 20 (Xinhua) -- Bangladeshi Finance Minister AHM Mustafa Kamal Sunday said they are all set to file a case in a U.S. court over the cyber heist of the central bank reserves in which 81 million U.S. dollars was stolen nearly three years ago.
"By this month, a case will be filed with a court in New York to recover stolen reserve," Kamal said at a press conference in Dhaka Sunday.
Some 101 million dollars worth of foreign reserves of the Bangladesh Bank, deposited with the U.S. central bank, was on Feb. 5, 2016 stolen by a racket of hackers and transferred to Sri Lanka and the Philippines.
Some 20 million dollars of the total stolen money has so far been recovered, sources close to central bank of Bangladesh had earlier said.
Following the 2016 reserve heist, the then Bangladesh Bank Governor Atiur Rahman resigned from his post. Enditem
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