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BB reserve heist: Probe report submission deferred for 75th time

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A Dhaka court on Thursday deferred again the submission date of investigation report on a case filed in connection with the Bangladesh Bank reserve heist in February, 2016.

It asked the Criminal Investigation Department (CID) of police to submit the report by December 31 next, said Md Shah Alam, General Register Officer (GRO) for Motijheel Police Station cases.

Metropolitan Magistrate of Dhaka Rajesh Chowdhury passed the order after Abdullah Al Yasin, additional superintendent of police and investigation officer of the case, failed to submit the probe report by the deadline (Thursday) set by the same court on earlier on September 20.

The CID has already passed more than seven years to probe the case.

GRO Alam said the CID has taken 75 dates to complete its probe the case filed over the heist of $101 million from Bangladesh Bank's account with Federal Reserve Bank of New York.

On February 4 in 2016, hackers broke into the central bank's system and generated 70 fake payment orders to the Federal Reserve Bank of New York amounting to $1.94 billion.

The Fed's security system flagged the payment orders but only five of them fell through and $101 million was released.

On March 15, 2016, Joint Director of Accounts and Budgeting Department of Bangladesh Bank Zobayer Bin Huda filed a case with the Motijheel Police Station under the money laundering prevention act.

On March 22, 2016, the then Metropolitan Magistrate Md Mahbubur Rahman allowed the CID to conduct forensic tests on the hard disks of three Bangladesh Bank computers. The three hard disks were seized from Bangladesh Bank, after the heist occurred.

At least $81 million was transferred to the accounts in Manila-based RCBC, from where it disappeared into the casinos of Philippines.

So far, Bangladesh retrieved $15 million from RCBC and recovered another $20 million sent to a bank in Sri Lanka. On February 1 last year, Bangladesh Bank sued Rizal Bank in US court to recover $66m of stolen funds.

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