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NTV Online
25 October, 2017, 22:45
Update: 25 October, 2017, 22:45
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Possible to recover entire stolen amount: BB Governor

NTV Online
25 October, 2017, 22:45
Update: 25 October, 2017, 22:45

Barisal: The complete amount of the stolen reserve money of Bangladesh Bank will be recovered after conclusion of the judicial case in this connection, said Bangladesh Bank governor Fazle Kabir on Wednesday.

After attending a discussion programme at Club Road in Barisal he said ‘It is possible to recover the complete amount of the remaining stolen reserve money after completion of the judicial case.’

In February 2016, hackers stole USD 101m from Bangladesh Bank’s account with the Federal Reserve Bank of New York.

USD 20 million was later traced to Sri Lanka and USD 81 million to the Philippines.

The Federal Reserve Bank of New York blocked the remaining transactions, amounting to USD 850 million.

The government has so far recovered US$ 34.63 million against the US$ 101 million.

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Most Read
  1. Mosaddak Ali, two others discharged in money laundering case
  2. Over 1000 people killed, 400 lost eyesight in student movement: Health Adviser
  3. Help Jannat to beat cancer
  4. Mastermind’s finance event to knock the city
  5. Authorities urged to consult on vape ban proposal
  6. No condition for IMF loan to Bangladesh: PM tells Parliament

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