Bangladesh Bank Accused of Hiding Details of $81m Theft

Phil Muncaster

A war of words has emerged between Bangladesh’s central bank and a Philippines lender over responsibility for an audacious $81m cyber-heist carried out last year.

The spat began when Bangladesh finance minister Abul Maal Abdul Muhith said over the weekend that he wanted to “wipe-out” the Makati-based Rizal Commercial Banking Corp (RCBC).

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