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Philippine bank and Bangladesh play blame game over missing millions

RCBC says Bangladesh Bank is responsible for its own breach; Bangladesh's law minister argues that RCBC should shoulder burden for accepting stolen cash
Wednesday, November 30, 2016 - 05:50

Bangladesh Bank (left) has refused to disclose the findings of its own inquiry, saying that it wanted to deny the crime's perpetrators knowledge of the investigation.


PHILIPPINE lender RCBC and a Bangladeshi minister traded blame on Tuesday over liability for tens of millions of dollars that were looted from a New York bank and then went missing in Manila after one of the biggest bank frauds ever.

Unknown cyber criminals tried to steal

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