Bangladesh Bank filed a lawsuit in the US District Court in Manhattan earlier this year, accusing RCBC of involvement in a massive conspiracy to steal its money. We will continue all our efforts to recover our money,” Bangladesh Bank spokesman Serajul Islam told bdnews24.com on Tuesday. Pressure from the Federal Reserve Bank of New York, the Philippines government, and different other quarters to return the stolen money has “angered” RCBC, Serajul said. Just $15 million of the stolen money has been recovered from a Manila junket operator, a role that involves marketing casinos to VIPs. Bangladesh has been asking that the RCBC give back the stolen funds, but the bank has not yet showed any sign of compromise.

Source: bd News24 March 12, 2019 18:22 UTC