Reserve heist case report submission deferred to Dec 8

A Dhaka court has set December 8 as the new date for submission of the investigation report in the Bangladesh Bank reserve theft case.

The report was scheduled to be filed today (Tuesday), but the CID sought more time. Additional Chief Metropolitan Magistrate Zakir Hossain then fixed the new date.

On February 5, 2016, hackers stole $81 million from Bangladesh Bank’s account at the US Federal Reserve using the SWIFT system, later transferring the funds to the Philippines. Investigators believe the theft involved international hackers with local assistance.

Following the incident, Deputy Director Zobayer Bin Huda filed a case with Motijheel Police Station on March 15, 2016, under the Money Laundering Prevention Act 2012 and the ICT Act 2006.

The CID is currently investigating the case.