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4 years ago

Philippines assures BB full support on recovery of stolen money

Outgoing Ambassador of the Philippines Vicente Vivencio T. Bandillo
Outgoing Ambassador of the Philippines Vicente Vivencio T. Bandillo

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The outgoing Ambassador of the Philippines Vicente Vivencio T. Bandillo assured Bangladesh Bank (BB) full support to recover the stolen money.

The envoy made the assurance while Dr A K Abdul Momen sought Philippines’ support on the recovery of Bangladesh Bank money lost in a cyber-heist in February 2016.

Dr Momen thanked the Philippines government for its all-out support to Bangladesh in getting back $15 million of the total $81 million stolen in the heist.

He expressed hope that the Philippines government would continue support to recover the rest of the amount

After a stint of six and a half years in Dhaka, the Ambassador of the Philippines Vicente Vivencio T. Bandillo will leave Bangladesh at the end of this month, said a press statement of Bangladesh foreign ministry on Sunday.

The envoy paid a farewell call on Foreign Minister at the State Guest House Padma, it added.

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