28th April 2016
A Philippine anti-money laundering body has lodged a complaint against owners of a remittance firm it called a "cleaning house" to hide the trail of $81 million (55.58 million pounds) looted from a Bangladesh bank, in one of the biggest cyber heists in history. Read More
19th April 2016
In the sixth Senate hearing on the Bangladesh fund scam on Tuesday (April 19), the Anti-Money Laundering Council (AMLC) revealed casino junket operator Kim Wong turned over P200 million to the agency for safekeeping. Read More
1st April 2016
A Chinese casino junket operator on Thursday returned $4.63 million of the $81 million that hackers stole from the Bangladesh central bank’s account in the US Federal Reserve Bank and laundered in Manila’s casinos, officials said. Read More
1st April 2016
Various names have been tagged in the biggest money laundering scandal to ever hit the Philippines (RCBC). This article traces their connections with each other. Read More
1st April 2016
Metro Manila  When a whopping $81 million in illicit funds was transferred from the Bangladesh Bank to the Jupiter branch of the Rizal Commercial Banking Corporation (RCBC), it first appeared to be an isolated case with only a small branch of one Philippine bank involved. “Unfortunately… Read More
31st March 2016
RCBC said it has closed its remittance operations in Italy because it could not meet on time the computer systems capabilities required of it by Banca D’Italia since 2014. Read More
31st March 2016
The Bangladesh Bank-hired jurist sounded upbeat Wednesday about retrieving the entire US$81million stolen out from the BB foreign-exchange reserves through a trans-national cyber heist. Read More
30th March 2016
MANILA - Rizal Commercial Banking Corporation (RCBC) on Wednesday filed criminal charges against Jupiter branch manager Maia Santos-Deguito and senior customer relationship officer Angela Torres, both tagged in the $81-million money laundering controversy. Read More
30th March 2016
The Department of Justice (DOJ) said it is now in possession of the bank records of the anomalous bank accounts in the Rizal Commercial Baking Corp. (RCBC) involving stolen USD81 million, which is the center of investigation by the Senate. Read More
30th March 2016
The laundering of $81 million stolen from the Bangladesh Central Bank wired to the Rizal Commercial Banking Corp. (RCBC) Jupiter Branch in Makati City (Metro Manila) endangers remittances of overseas Filipino workers worth at least P26 billion a year. Read More