APD | Bangladeshi envoy calls on philippine government to speed up case vs bank officials

BY APD NEWSJan 11,2019 at 18:01

By APD writer Melo M. Acuna

MANILA,Jan.11(APD)-Bangladeshi Ambassador to Manila Asad Alam Siam called on the Philippine government to advance the process of prosecuting the case against six other bank officials reportedly involved in the 2016 cyberheist of some US$81 million from the Bangladesh central bank’s account at the Federal Reserve of New York.

In a statement sent to reporters today, Ambassador Asad Alam Siam said there is still another case pending at the Department of Justice against six other officials.

“We hope that this case could be expedited and could go to trial soon for a decision,” he said.

It will be recalled the Department of Justice filed complaints against six bank officials on November 18,2016.

Yesterday, a Makati City-based regional trial court meted former RCBC Branch Manager Maia Santos-Deguito a guilty verdict on eight counts of violations of the Anti-Money Laundering Act which means 32 to 56 years aside from a fine of more than US$109 million.

Her lawyer said Ms. Deguito will not serve any sentence and pay any fine until a final decision has been rendered after their expected appeal.


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