(Eagle News) — The Rizal Commercial Banking Corp. is considering filing a lawsuit against the Bangladesh Central Bank (BB).
In a statement, RCBC said this was following claims made by BB that the Philippine bank had a hand in the $81-million cyberheist two years ago.
BB also recently said it would file a lawsuit against RCBC over the incident.
“RCBC has had it..,We will not allow them to continue to malign RCBC,” RCBC said.
According to the Philippine bank, “various reports, including their own, indicate an inside job.”
It said “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.”
“Why sue RCBC when they should be suing instead their own, the criminal elements from within?…Again, why is BB not going against those who have been identified as having possession of the remaining money? There is none left in RCBC,” RCBC said.
Even if BB decides to sue, RCBC said it was “ready and prepared.”
It said the first thing it would ask was for BB and Dhaka “to submit to court their findings.”
“If they refuse, they will immediately suffer from comparison since RCBC willingly shared information to the extent allowed by law,” RCBC said, noting that it was time for BB and Dhaka to “come clean and give its people answers.”
In 2016, $81 million stolen by hackers from BB made its way to an RCBC branch on Jupiter St., Makati.
The money was eventually laundered in casinos.
The Bangko Sentral ng Pilipinas has slapped RCBC with a P1-billion fine following the incident.