HALISTER1: Bangladesh Envoy Says Premature to Comment on N.Korea Heist Link

Bangladesh Envoy Says Premature to Comment on N.Korea Heist Link

(Bloomberg) -- Cross-border investigation of $81m theft of Bangladesh reserves in 2016 may take time to finish, premature to comment on alleged involvement of North Korea even as Bangladesh “open to all possibilities,” envoy to Philippines Asad Alam Siam says in Manila.
  • Once civil, criminal proceedings in Philippines begin in full swing, “we will be able to learn more about the whereabouts of the heist fund and who are involved by back- linking people involved” in Rizal Bank, he says in interview on sidelines of Bangladesh’s celebration in Manila of its 46th independence day
  • Bangladesh “patiently waiting” for results of proceedings
  • NOTE: North Korea Link Said to Be Probed in N.Y. Fed Account Theft Link
  • NOTE: Philippines Asks Bangladesh for Probe Results on Stolen Millions Link

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Source: BFW (Bloomberg First Word)

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