Philippines bank says no role in heist, Bangladesh Bank responsible

(Reuters) – The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February said on Tuesday that the central bank was responsible for the heist, and so any liability should not be passed on. Manila-based Rizal Commercial Banking Corp (RCBC) was responding to comments by a Bangladeshi investigator that some Bangladesh Bank officials deliberately exposed its computer systems and enabled hackers to steal the money from its account at the Federal Reserve Bank of New York. Bangladesh Bank had been demanding that RCBC compensate it for the loss, blaming it for ignoring red flags.

Original story here.

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