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Bangladesh Says Philippines President Commits To Return Heist Money Funneled Via Manila


Ron Burgundy
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A security guard stands guard outside a branch of Rizal Commercial Banking Corporation (RCBC) in Paranaque city, Metro ManilaBy Krishna N. Das, Karen Lema and Neil Jerome Morales MANILA (Reuters) - Philippine President Rodrigo Duterte has given a commitment that $81 million stolen by cyber criminals from the account of Bangladesh Bank in New York and funneled through bank accounts in Manila would be returned, the Bangladesh ambassador to the Philippines said on Friday. A Bangladesh central bank team visiting Manila to recover the money said earlier on Friday that it was close to getting back $15 million of the loot frozen by the Philippines. Cyber criminals tried to steal nearly $1 billion from Bangladesh Bank's account at the Federal Reserve Bank of New York in February, and succeeded in transferring $81 million to four accounts at Manila's Rizal Commercial Banking Corp .




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