THE Regional Trial Court (RTC) of Makati City has ordered the dismissal of the more than P100-million damage suit filed against the Bank of Bangladesh by the Rizal Commercial Banking Corp. (RCBC). In a 9-page order, Makati City RTC Branch 142 Presiding Judge Rainald C. Paggao granted the motion for…
January 13, 2021 | 12:04 am Advertisement
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RIZAL COMMERCIAL Banking Corp. said it received summons for a new case filed by Bangladesh Bank on the 2016 heist. RCBC.COM
RIZAL COMMERCIAL Banking Corp. (RCBC) received new summons for a case filed against the lender over the $81-million Bangladesh Bank heist in 2016.
RCBC said in a filing with the local bourse on Tuesday that it received a notice from the Regional Trial Court of Makati regarding the case filed against it by Bangladesh Bank.
“The case was filed before the Supreme Court of the State of New York in May [27,] 2020,” the bank said in a filing.