enablePagination: true
maxItemsPerPage: 10
totalITemsFound: 51
maxPaginationLinks: 10
maxPossiblePages: 6
startIndex: 0
endIndex: 9

Related Articles

about 1 year ago

The patriarch of the Yuchengco clan had a distinguished career as a diplomat and corporate giant.

about 2 years ago

The Philippines is sticking to its commitment to help recover the $66 million of the $81 million stolen from the Bangladesh Central Bank in a cyber heist last February.

about 2 years ago

Bangladeshi officials say the Rizal Commericial Banking Corp. (RCBC) should shoulder over 80 percent of the $81 million (around ₱4 billion) stolen from the Bangladesh central bank in a February cyber heist.

about 2 years ago

The Anti-Money Laundering Council said former RCBC treasurer Raul Tan, three retail banking officials, and two workers at the branch where cash was withdrawn were guilty of money laundering because they should have noticed something was wrong and intervened immediately.

about 2 years ago

A team from Bangladesh will meet officials of the Federal Reserve Bank of New York, the Federal Bureau of Investigation, and the U.S. Department of Justice this week in New York in connection with the cyber theft of $81 million from the South Asian country's central bank in February, sources said.

about 2 years ago

The Bangladeshi officials are alleging that the money was allowed to disappear into the casino industry in the Philippines, where investigators say it was laundered, because of systemic failures at RCBC.

about 2 years ago

A source close to Bangladesh Bank who has direct knowledge of the recovery process said some Bangladesh Bank officials will fly to Manila next week in an attempt to hasten the recovery.

about 2 years ago

The usually heated Senate investigation on the $81 million money laundering scandal cooled down a bit on Thursday as the Bangladesh ambassador thanked the Philippine government for its efforts to recover the money stolen from his country.

about 2 years ago

The Rizal Commercial Banking Corp. (RCBC) has appointed Gil Buenaventura as its new president and chief executive officer (CEO) following the resignation of it’s president in the wake of the money laundering scandal involving the bank.

about 2 years ago

Embattled RCBC President Lorenzo Tan has resigned Friday (May 6), as the inquiry into the $81-million money laundering scam continues to hang over his bank.