Probe report deferred for 96th time

A Dhaka court on Thursday deferred, for the 96th time, the submission of the investigation report in the 2016 Bangladesh Bank reserve heist case, fixing August 9 as the next date.

The report was due before the court of Additional Chief Metropolitan Magistrate Jashita Islam. However, the Criminal Investigation Department (CID) failed to submit its findings. The court subsequently set August 9 for filing the report, prosecution official SI Ruknuzzaman said.

The case stems from the theft of US$81 million from Bangladesh Bank’s account at the Federal Reserve Bank of New York on February 5, 2016, through fraudulent SWIFT transfer instructions. The stolen funds were routed to the Philippines, where investigators suspected they were laundered with the assistance of a local network.