HALISTER1: Philippine Anti-Laundering Agency Says Won’t Discuss Heist Case

Philippine Anti-Laundering Agency Says Won’t Discuss Heist Case

(Bloomberg) -- Anti-Money Laundering Council isn’t waiving bank confidentiality rules at today’s briefing, Executive Director Julia Abad says, declining to discuss details of $81m funds stolen from Bangladesh central bank and transferred to Rizal Bank accounts in Philippines.
  • ~36.3m covered transactions and 146,398 suspicious transactions reported to council last year
  • Abad discussing functions of council at briefing
  • NOTE: Lawmakers Want to Know if $850m More Fund Headed to Philippines Link
  • NOTE: Philippines to Hold Banks ‘Accountable’ for Role in Cyber Heist Link
  • NOTE: Philippines Not Obliged to Return Money to Bangladesh: Senator Link
  • NOTE: How $81 Million Slipped Through Philippine Cracks: Timeline Link
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Source: BFW (Bloomberg First Word)

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