Philippine President Rodrigo Duterte has given a commitment that $81mn stolen by cyber criminals from the account of Bangladesh Bank in New York would be returned, the Bangladesh ambassador to the Philippines said.
The Federal Reserve Bank of New York has asked the Philippines' central bank to help Bangladesh Bank recover the $81 million that was stolen by hackers in February from its account held at the Fed, boosting Dhaka's efforts to retrieve the money.
Bangladesh police launched a criminal investigation into the cyber theft of $81mn from the central bank's US account but said it was too early to pinpoint any suspects.
A printer fault at Bangladesh's central bank meant that overseas queries about suspicious transactions went unanswered, according to a report on the $81mn cyber heist that sent shockwaves through the banking world.
Bangladesh's central bank confirmed that cyber criminals tried to withdraw $951mn from its US bank account, as the country's finance minister said he first got to know of one of the biggest bank heists in history through the media.
