Quick measures taken by the Bangladesh Bank after the heist from its fund with Federal Reserv"> Quick measures taken by the Bangladesh Bank after the heist from its fund with Federal Reserv"> Quick measures taken by the Bangladesh Bank after the heist from its fund with Federal Reserv">

Times of Dhaka

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Larger heist prevented by fast BB measures: PM
Online Desk |:| Thu, 28 Apr'2016, 1:40 AM |:| Online Version
Larger heist prevented by fast BB measures: PM
Quick measures taken by the Bangladesh Bank after the heist from its fund with Federal Reserve Bank of New York prevented a larger sum of money from being hacked, Prime Minister Sheikh Hasina said on Wednesday.

“The heist of US$101 million the affected the country’s economy only temporarily,” the PM said while responding to a question from Awami League MP KM Jahangir in Parliament during her question-answer session.

Philippines has already returned a portion of the stolen money, she said adding that the rest of the money will be recovered through legal process in due time.

Further bigger hacking can be prevented due to quick steps taken by the central bank after that incident, she added.

“Because of the move to bring back the hacked money, further worsening of the situation was prevented,” she said. 

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