Bangladesh Bank to face action: Muhith

Finance minister Abul Mal Abdul Muhith on Sunday said the ministry will take actions against the Bangladesh Bank for not informing the government about the $101 million cyber heist.”The central bank has showed audacity as it didn’t timely inform the government about it,” Muhith told reporters at his ministry office this afternoon.Asked about the possible action against the central bank, the minister said he would sit with the prime minister in this regard and then the media would be informed about it.

The Federal Reserve Bank of New York was hacked and $100 million taken out from the Bangladesh government’s account last month. The sensational heist surfaced after a Philippines newspaper published a report on it.BB on Friday in a statement admitted that almost $100 million allegedly stolen from a reserve account in the United States last month has been recovered.
source:UNB