Bangladesh minister says wants to 'wipe out' Manila bank for heist role


FILE PHOTO: Commuters pass by the front of the Bangladesh central bank building in Dhaka, Bangladesh on March 8, 2016. REUTERS/Ashikur Rahman/File Photo

DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

Abul Maal A. Muhith was responding to questions from reporters about a Reuters story on Friday that said Bangladesh Bank had asked the New York Fed to join a lawsuit it was considering filing against Manila-based Rizal Commercial Banking Corp (RCBC) seeking damages.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Norway moves some of its 60 soldiers in Middle East due to security situation
Russia says no peace dialogue ongoing with Japan over territorial dispute
Over 5,000 women, girls killed in Ukraine since 2022, says UN
Europe's strongest military powers plan drone defence programme
Trump ally ties up with Russia's Novatek on natural gas in Alaska, NYT reports
Police search royal mansion as investigation into king's brother goes on
Snow-induced halt to flights in Vienna extended until 1100 GMT
Journalist with Germany's Deutsche Welle detained in Turkey
Ukrainians mourn missing homes and loved ones after four years of war
Exclusive-Ukraine's 2026 defence exports could hit 'several billion dollars', official says

Others Also Read