China should help in recovering the heisted $81-M
infamous, bank robbery using the Internet.
“This has all the makings of a made- in- China problem,” Recto said, a not-so-subtle reference to the over the world.
In his testimony at the Senate probe last week, Filipino-Chinese casino businessmen- cum- casino players— Shuhua Gao and Ding Zhize—as the conduit of the stolen Bangladeshi money that ended up at RCBC.
According to Wong, the two opened the four bank accounts at the RCBC where the stolen money was deposited with the help of dismissed RCBC Jupiter Branch manager Maia PhilRem.
- dered funds that entered the country in February through his company, Eastern Hawaii Leisure Co. Ltd. He measly amount, to the Anti-Money Laundering Council while the bulk of the loot may still be with Gao and Zhize who have already left the country and may now be hiding in China.
Based on Recto’s calculation, - lion loot can still be recovered but this could not be achieved without Beijing’s help.
In order to show goodwill to both the Philippines and particularly to Bangladesh, Beijing should now start its own manhunt for the two Chinese fugitives (who have been summoned by the Senate) so that they can be made to explain how and who were involved in one of the biggest cyber heists in history.
China cannot just shrug off responsibility by saying that it is not involved directly in the heist unlike the New York Federal Reserve; it should consider that two of its nationals are suspected of being the brains behind the heist.
Or maybe the government of B.S. Aquino should formally seek Beijing’s cooperation in the investigation of the case, a step that we seriously doubt the government would take.
In fact, several sectors have been calling for the Aquino government to seek the cooperation of China in dismantling the vast and lucrative illegal drug syndicates that involved, again, Chinese nationals.
Recently, law enforcement authorities arrested two Chinese nationals, Kong-based illegal drugs ring.
The two, nabbed for possession pesos), were the latest of several Chinese nationals arrested for drug Chinese nationals earlier arrested, not just for illegal trading but also for manufacturing shabu, have mysteriously escaped from our prisons.
If the Beijing government has not offered to cooperate in busting the narcotics syndicates emanating from China, in the Bangladeshi bank heist with repercussions in the international banking system, it should at least signify some intentions to help.