Bangladesh Bank on Wednesday said a court in New York did not dismiss the case that was filed to recover $81 million in reserve funds stolen by hackers in 2016.
The central bank said the court acquitted two of the 20 accused in the case, according to Bangladeshi TV channels.
Filipino news outlet inquirer.net said on Tuesday in a report that the court of New York dismissed the 2020 civil complaint of Bangladesh Bank on April 8 for lack of jurisdiction.
The lawsuit was connected to the Bangladesh central bank’s long-running efforts to recover part of the $81 million stolen by hackers in 2016.
After the hacking incident, the funds flowed through the financial system of the Philippines before disappearing in Manila casinos.
Bangladesh Bank accused at least 20 defendants, including Bloomberry Resorts and Hotels Inc and Yuchengo-led Rizal Commercial Banking Corp (RCBC), in the lawsuit.
Bloomberry told the Philippine Stock Exchange (PSE) on Monday that the Supreme Court of New York had dismissed the complaint on April 8 for lack of jurisdiction.