Dhaka, Bangladesh (BBN)– The central bank of Bangladesh is now empowered to hire more experts, if necessary, for recovering the stolen money from its foreign exchange reserve account with the Federal Reserve Bank of New York.
Such approval was made at the meeting of the Bangladesh Bank (BB) board of directors held at its headquarters in Dhaka on Wednesday with BB Governor Dr, Atiur Rahaman in the chair.
“The board also approved the appointment IT consultant Rakesh Asthana, who was recruited recently to ensure cyber security system of the country’s central bank,” a BB senior official told BBN in Dhaka.
The central bank of Bangladesh has able to recover US$20 million out of $101 million taken away by cyber hackers from its foreign exchange reserve with the Federal Reserve Bank of New York recently.
Suspected Chinese-origin cybercriminals hacked in the forex reserves in the BB’s account with the US Federal Reserve Bank in New York on February 05.
Bangladesh Financial Intelligence Unit (BFIU) is now working with its counterpart –the Anti-Money Laundering Council (AMLC) of the Philippines – actively to recover the rest of stolen fund, another central banker said.