13 Mar 2019
A Philippine bank has filed a lawsuit accusing Bangladesh’s central bank of defamation, hitting back at what it says are baseless claims of its complicity in the world’s biggest cyber heist.
In February 2016, criminals used fraudulent orders on the SWIFT payments system to steal $81 million from the Bangladesh central bank’s account at the Federal Reserve Bank of New York.
The money was sent to accounts at Manila-based Rizal Commercial Banking Corp (RCBC) and then vanished into the casino industry in the Philippines.
RCBC said its reputation had come under a sustained “vicious and public attack” by Bangladesh Bank. It is seeking at least 100 million pesos ($1.9 million) in damages.
– By Reuters, 12 March 2019.
Link to AP
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