Bangladesh sent letters to retrieve money
The financial systems across the world were left in awe, after cyber criminals stole $81 million from Bangladesh's central bank, last month. The robbery has infamously become one of the biggest cyber heists ever, remembering everyone how vulnerable are the world's financial systems to cyber attacks.
The Bangladesh Bank, which had lost $81 million kept in the New York Federal Reserve's, is now sending letters to US Fed and Philippines in order to retrieve the money lost. According to BDNews24, Bangladesh Bank spokesperson Shubhankar Saha told that the letters were sent after new Governor Fazle Kabir joined.
Saha said the letters were sent to the US Federal Reserve System Chair Janet L Yellen, Philippine central bank Bangko Sentral ng Pilipinas Governor Amando M Tetangco Junior, the country's Anti-Money Laundering Council chief Julia Bacay Abad, and Bangladesh's Permanent Representative to the UN Masud Bin Momen.
"The process to recover the money by communicating with people concerned on phone is also on," he added. The Bangladesh's central bank has also issued a circular to appoint two deputy governors. Previously, the Bangladesh government sacked two deputy governors after the then governor Atiur Rahman resigned in the face of immense pressure following the cyber theft.