Bangladesh's central bank will file a lawsuit against a Philippines bank for its role in one of the world's biggest cyber-heists two years ago, a deputy governor said on Wednesday. "Bangladesh Bank will file a lawsuit in a New York court within two to three months in connection with the reserve theft," central bank deputy governor Abu Hena Mohd. For its part, RCBC said the cyber heist was an inside job and Bangladesh Bank was engaging in a cover-up by maligning it. "Bangladesh Bank should stop making RCBC its scapegoat," the Philippine bank said in a statement. RCBC has said it would not pay any compensation to Bangladesh Bank and the Dhaka bank bore responsibility for the theft since it was negligent.

Source: dna February 07, 2018 12:45 UTC