Chinese high-rollers moved stolen Bangladesh millions to Philippines: witness


  • TECH
  • Tuesday, 29 Mar 2016

Casino junket operator Kim Wong takes an oath during a senate hearing in Manila on March 29, 2016. Two Chinese men were responsible for moving 81 million USD stolen by hackers last month from Bangladesh's foreign reserves into Philippine casinos, an inquiry in Manila heard on March 29.Following the brazen heist, the millions stolen from the Bangladesh central bank's American accounts were immediately sent via electronic transfer to a Philippine bank. / AFP PHOTO / NOEL CELIS

MANILA: Two Chinese men were responsible for moving US$81mil (RM323.86mil) stolen by hackers from Bangladesh’s foreign reserves into Philippine casinos, an inquiry in Manila heard on March 29. 

Following the heist, the millions stolen from the Bangladesh central bank’s American accounts on Feb 5 were immediately sent via electronic transfer to a Philippine bank. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

US power, tech companies lament snags in meeting AI energy needs
Meta releases early versions of its Llama 3 AI model
Exclusive-Microsoft's OpenAI partnership could face EU antitrust probe, sources say
Seeking edge over rivals, Intel first to assemble ASML's next-gen chip tool
TSMC estimates losses of $92.4 million due to Taiwan earthquake
Exclusive-Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system
Binance working closely with Nigeria authorities to resolve exec's detention, CEO says
Critics of India's Modi migrate online as mainstream media stays deferential
3,000-member revenge porn group had underage victims, US officials say. Creator arrested
Huawei unveils new phone lineup to ramp up the pressure on Apple

Others Also Read