The Court of Appeals (CA) affirmed the conviction of a former branch manager of Rizal Commercial Banking Corp. (RCBC), who has been found guilty of money laundering in connection with the cyber heist of $81 million from Bangladesh’s central bank in 2016.
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…