RCBC
Bangladesh Bank heist: CID fails to file probe report for the 64th time
A Dhaka court today again asked Criminal Investigation Department (CID) to submit probe report by August 17, 2022 in Bangladesh Bank cyber heist case.
BB heist: Philippine central bank slaps US$21.2 million fine on RCBC
Philippine banking regulators impose the single biggest monetary penalty on an erring financial institution in the country’s history, slapping Rizal Commercial Banking Corp. (RCBC) with a US$21.2-million ( P1-billion) fine in the wake of the cyber heist at Bangladesh Bank.
BB heist: RCBC president resigns
The Rizal Commercial Banking Corp (RCBC) accepts the resignation of Lorenzo Tan as president and CEO of the Yuchengco-controlled financial institution effective immediately, the bank says in a statement.
BB heist: Philippines bank RCBC’s treasurer quits
The treasurer of Rizal Commercial Banking Corp of the Philippines resigns amid ongoing investigation on US$81-million money laundering case. The money was stolen on February 4 from Bangladesh Bank's account with Federal Reserve Bank of New York.
Bangladesh Bank fund heist / Philippines court starts process to return money to Dhaka
Bangladesh Bank may have to wait longer before it gets the amount turned over by casino junket operator Kim Wong to the Anti-Money Laundering Council of the Philippines for safekeeping, although the court has already asked authorities to preserve the money.
Bangladesh Bank cyber heist: Chinese trader Wong returns another $4.34m
Casino junket operator Kim Wong has returned another P200 million ($4.34 million) to the Anti-Money Laundering Council (AMLC), which was believed to be part of the alleged $81million stolen funds from Bangladesh's central bank.
Dhaka bank sent 3 urgent messages
Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.
BANGLADESH BANK FUND HEIST / Stop payment orders from Bangladesh Bank 'vague': RCBC
Rizal Commercial Banking Corporation (RCBC) says the bank could have held the stolen US$81 million if only the Bangladesh Bank sent "high priority messages."
BB Cyber Heist / Filipino willing to return $14.3m
Kim Wong, the Filipino casino operator dubbed the “missing link” in the cyber heist of $81 million in Bangladesh Bank reserves, said he is willing to return up to $14.3 million he received from two Chinese nationals linked to the stolen funds.
BB fund heist: Philippines bank manager ‘not telling truth’
Maia Santos-Deguito is not telling investigators the truth behind the money laundering of US$81 million that has once again put the Philippines on the map of notorious countries.
BB fund heist: RCBC manager, 4 others summoned by DOJ
Philippine justice department summons the branch manager of Rizal Commercial Banking Corporation to answer the criminal complaint filed against her and several others by the Anti-Money Laundering Council in connection with the $81 million stolen by hackers from the Bangladesh Bank.
Philippine bank let fund withdrawal despite NY bank stop order
The Rizal Commercial Banking Corp. allows the withdrawal of the bulk of the funds suspected to have been stolen by computer hackers from the Bangladeshi central bank despite having received an order from its counterpart banks abroad to stop the payment.