publish time

06/04/2016

author name Arab Times

publish time

06/04/2016

author name Arab Times
Rizal Commercial Banking Corp President Lorenzo Tan (left), Bangladesh Financial Intelligence Unit Joint Director Mohammad Abdur Rab (second left), Bangladeshi Ambassador to the Philippines John Gomes (second right), and Bank of Bangladesh Accounts and Budgeting Department Deputy General Manager Jaker Hossain listen to the continuing Philippine Senate probe on the $81 million of Bangladesh’s stolen funds that were transmitted online to four private accounts at a branch of the Rizal Commercial Banking Corp on April 5, in suburban Pasay, south of Manila, Philippines. (AP) Rizal Commercial Banking Corp President Lorenzo Tan (left), Bangladesh Financial Intelligence Unit Joint Director Mohammad Abdur Rab (second left), Bangladeshi Ambassador to the Philippines John Gomes (second right), and Bank of Bangladesh Accounts and Budgeting Department Deputy General Manager Jaker Hossain listen to the continuing Philippine Senate probe on the $81 million of Bangladesh’s stolen funds that were transmitted online to four private accounts at a branch of the Rizal Commercial Banking Corp on April 5, in suburban Pasay, south of Manila, Philippines. (AP)

MANILA, April 5, (RTRS): Chinese hackers were possibly behind one of the world’s biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines said on Tuesday, while a Manila bank manager involved in the case said she was a pawn of senior bankers and unnamed tycoons.

Unidentified hackers stole the money from the Bangladesh Bank’s account at the Federal Reserve Bank of New York in early February and funneled it through a Manila branch of the Rizal Commercial Banking Corp (RCBC) to casinos and gambling agents in the Philippines. “It would appear they are not Filipino hackers (but) possibly Chinese hackers,” said Ralph Recto during a Senate inquiry in the capital Manila.