A court in Dhaka has set 2 July for the submission of a probe report in the case over the 2016 cyber heist at Bangladesh Bank, after investigators failed to meet the latest deadline.
Dhaka Additional Chief Metropolitan Magistrate Jashita Islam fixed the new date on Monday following a request from the Criminal Investigation Department, which is leading the investigation.
According to case documents, unidentified hackers stole $101 million from Bangladesh Bank’s account held with the Federal Reserve Bank of New York on 5 February 2016.
Of the stolen funds, $81 million was transferred to four accounts at Rizal Commercial Banking Corporation in the Philippines, while a further $20 million was sent to a bank in Sri Lanka.
However, the $20 million transfer to Sri Lanka failed due to a spelling error made by the hackers. Bangladesh Bank later recovered around $15 million from the Philippines.
The case was filed on 15 March 2016 at Motijheel Police Station by former Bangladesh Bank Deputy Director (Accounts and Budgeting) Zobayer Bin Huda.
