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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

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.

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