The funds were stolen from the Federal Reserve Bank of New York in February 2016Bangladesh Bank will file a lawsuit with a United States federal court, in New York, on Friday, over the $81 million stolen from its reserve account. The funds were stolen from the Federal Reserve Bank of New York in February 2016. On Wednesday, Bangladesh Bank (BB) Governor Fazle Kabir made a similar announcement while unveiling the monetary policy for the second half of the current fiscal year (FY 2018-19). The lawsuit comes three years after the cyber heist, which saw $81 million siphoned off to accounts at RCBC. Of the $101 million stolen during the heist, $20 million was recovered from a Sri Lankan bank, while the remaining $81 million, which landed at RCBC, has yet to be retrieved.

Source: Dhaka Tribune January 31, 2019 05:26 UTC