New news of reserve theft, which Bangladesh Bank said

After the publication of the report of another theft of reserves from Bangladesh Bank in an Indian newspaper, a wide discussion started on the matter. Bangladesh Bank has denied the authenticity of that report.

This information was revealed from a statement on Tuesday (May 14). In a statement, the central bank said that a three-level security policy is currently in place for transactions with the New York Fed. As a result, the information published is fake.

Bangladesh Bank's Executive Director and Spokesperson Mejbaul Haque said, “We investigated and found that there was no incident of reserve theft.”

Indian hackers have stolen billions of dollars from Bangladesh Bank's reserves. Such a news was published in a newspaper of the country on Tuesday. It started a wide discussion across the country. After many contacted the central bank to know the truth of the matter, Bangladesh Bank denied the truth of the report with an official statement in the evening.

Incidentally, in February 2016, 80 million dollars of Bangladesh Bank was stolen from the United States Federal Reserve Bank through SWIFT code. On March 15, 2016, the case was filed at Motijheel Police Station by Zubair Bin Huda, Joint Director of Accounts and Budgeting Department of Bangladesh Bank. The court directed the CID to investigate the case on March 16 and submit a report. No one has been directly accused in the case made under sections 54 and 379 of the Information and Technology Act, 2006 along with section 4 of the Prevention of Money Laundering Act, 2012 (Amendment 2015). The 2016 reserve theft case is currently pending in the US court.

At that time, the criminals stole 100 million dollars from the reserve account of Bangladesh Bank. Two crores of stolen money that went to Sri Lanka has been recovered. A total of $3.46 million has been recovered so far. The remaining 6.64 million dollars have not yet been returned.