Yuchengco-led Rizal Commercial Banking Corp. (RCBC) has threatened to bring Bangladesh Central Bank officials to court for allegedly maligning the local bank and using it as the “scapegoat” in the $81-million cyberheist that happened in early 2016.
In a statement yesterday, RCBC said it was mulling legal action against Dhaka officials.
“RCBC has had it and will consider a lawsuit against Bangladesh Central Bank (BB) officials for claiming the bank had a hand in the $81-M cyberheist two years ago,” RCBC said.
“We will not allow them to continue to malign RCBC. Various reports, including their own, indicate an inside job. BB and Dhaka officials refuse to release their findings to hide from the Bangladeshi public what could very well be the involvement of its own officials who may have helped loot their money deposited with the New York Federal Reserve,” the bank said.
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RCBC accused BB of perpetuating the cover-up and using the Philippine bank as a scapegoat “to keep their people in the dark.”
The statement was issued by RCBC on the heels of reports that BB would file a lawsuit in New York against the local bank in relation to the $81-million cyberheist.
