A Philippine bank on Tuesday accused Bangladesh’s central bank of a “massive cover-up” over an US$81 million cyber-heist last year, as it rejected allegations it was mostly to blame.
Unidentified hackers shifted US$81 million in February last year from the Bangladesh central bank’s account with the US Federal Reserve in New York to a Manila branch of the Rizal Commercial Banking Corp (RCBC). The money was quickly withdrawn and laundered through Manila casinos.
With only…