Philippine bank accuses Bangladesh of heist ‘cover-up’


MANILA: The Philippines bank – through which US$81mil (RM330mil) stolen from Bangla­desh’s central bank was channelled in February 2016 – has accused Dhaka’s monetary authority of covering up its negligence and demanded that it stop making the bank a “scapegoat”.

Rizal Commercial Banking Corp (RCBC) was responding to comments on Saturday by Bangladesh Finance Minister Abul Maal A. Muhith who said he wanted to “wipe out” the Manila-based bank.

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