Bangladesh Bank heist was state-sponsored: FBI The heist of $81 million from the Bangladesh central bank’s account at the New York Federal Reserve last year was “state-sponsored,” an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday. Lamont Siller, the legal attache at the
Read MoreDhaka Bank to get $55m from IFC for expansion Dhaka Bank has recently signed $55 million facilities agreements with International Finance Corporation. IFC will be providing $20 million working capital solutions facility to Dhaka Bank’s offshore banking unit for expanding its foothold in SME-based export sector, Dhaka Bank said in
Read MoreTransactions of high-value cheques with banks boom High-value cheque transactions with Bangladesh’s banking system have increased significantly, driven by big turnovers of corporate bodies, sources said. Such banking bonanza, from economic point of view, reflects a growing momentum in the economy. The number of such hefty cheque transactions, valued Tk
Read MoreInvestigation into BB heist continues A year after one of the most spectacular robberies of modern times, the authorities in Bangladesh are still trying to crack the case. Hackers into the country’s central bank sent instructions through SWIFT, a messaging network for cross-border payments, to transfer funds from the bank’s
Read MoreN Korea behind BB reserve heist A top official of the US National Security Agency suggested on Tuesday that North Korean computer hackers were behind the $81m heist targeting Bangladesh Bank’s account at the New York Federal Reserve last year. According to a Foreign Policy magazine report, National Security Agency’s
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