Staff Correspondent:

The submission of the investigation report in the Bangladesh Bank reserve theft case has been delayed once again—this marks the 87th postponement since the case began.

The Criminal Investigation Department (CID) was scheduled to submit the probe report on Thursday (July 24) but failed to do so. As a result, Dhaka’s Additional Metropolitan Magistrate Zakir Hossain has set a new date for the submission: 26 August.

Hackers’ stole $101m from Bangladesh Bank’s accounts with the Federal Reserve Bank of New York in February 2016. Of the amount, $81 million was transferred to four accounts with RCBC in the Philippines and another $20 million to a bank in Sri Lanka. But the transfer of $20 million to Sri Lanka failed because of a spelling error by the hackers.

Later, Bangladesh Bank managed to retrieve about $15 million from the Philippines.

Then Bangladesh Bank Deputy Director (accounts and budgeting) Zobayer Bin Huda filed the case with Motijheel Police Station on 15 March 2016.

A day later, on 16 March, the court assigned the CID to lead the investigation—a responsibility it has held ever since.

On 31 January 2019, the Bangladesh Bank filed a case against 20 individuals and organisations including Philippines’ Rizal Commercial Banking Corporation (RCBC) in the United States District Court (Southern District of New York) to recover the stolen money.