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Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

Reuters  |  DHAKA 

By Krishna N. Das and Serajul QuadirDHAKA (Reuters) - Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.The Fed is yet to respond formally, but there is no indication it would join the suit.Unidentified hackers stole $81 million from Bangladesh Bank's account at the New York Fed in February last year, using fraudulent orders on the SWIFT payments system. The money was sent to accounts at Manila-based Rizal Commercial Banking Corp ...

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First Published: Fri, December 08 2017. 08:50 IST
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