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Court upholds conviction of bank manager at center of $81-M heist

Court upholds conviction of bank manager at center of $81-M heist
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RCBC to appeal denial of motion to dismiss case vs Bangladesh Bank

Rizal Commercial Banking Corp. will continue to appeal the denial of its motion to summarily dismiss a case filed by Bangladesh Bank relating to the $81 million cyberheist in 2016 after the New York court maintained jurisdiction over the scandal.

Owners of Bangla heist accounts win in court

THE Court of Appeals (CA) has denied the bid by the Anti-Money Laundering Council (AMLC) to maintain the asset preservation orders (APO) previously issued by a Manila trial court against the bank accounts of entities linked to the 2016 Bangladesh heist. In a 32-page decision penned by Associate Justice Fernanda…

RCBC receives fresh summons for Bangladesh Bank heist case

January 13, 2021 | 12:04 am Advertisement AAA 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.

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