Rappler's latest stories on bangladesh central bank
RCBC eyes lawsuit against Bangladesh Bank over heist claims
This comes after the Bangladesh central bank's announcement that it would sue the listed Philippine bank over alleged involvement in the $81-million cyber heist
RCBC accuses Bangladesh central bank of cover-up
The Rizal Commercial Banking Corporation says Bangladesh Bank is 'maligning RCBC and refusing to divulge its findings' on the $81-million heist
Bangladeshi officials assured of help in reclaiming laundered $15M
John Gomes: This case involving about 15 million is pending but I think within one month they should be resolving that case and we will be getting back our money
Only Kim Wong keeps promise to sign waiver on phone records
The Senate is unable to gain access to the phone records of sacked RCBC branch manager Maia Santos Deguito and PhilRem owner Salud Bautista
Gil Buenaventura is new RCBC president and CEO
The 63 year old Development Bank of the Philippines chief will replace Lorenzo Tan as RCBC president and CEO starting July 1
Kim Wong completes turnover of $15M to AMLC
Amid legal battles casino junket agent Kim Wong keeps his promise to return some of the stolen funds in his possession
AMLC files money laundering complaint vs PhilRem execs
The Anti Money Laundering Council says PhilRem officials were aware the funds coursed through the company were illegitimate as they deliberately ignored requirements to know the customer and record customer information
SWIFT financial network warns of fraudulent messages
SWIFT s statement is the first acknowledgment that the Bangladesh Bank heist is not an isolated case
AMLC begins bid to seize assets linked to $81M bank heist
The Anti Money Laundering Council s first civil forfeiture case is against casino junket agent Kim Wong with more cases to come
Notary public denies signing affidavit of PhilRem messenger
In his 7 years working as a PhilRem messenger Mark Raymond Palmares says the transaction related to the 81 million stolen funds from the Bangladesh Bank account is the largest so far
Kim Wong returns another P200M to AMLC for safekeeping
Kim Wong s camp returns a total of 9 8 million of the stolen funds played in Eastern Hawaii Leisure
WATCH: Senate hearing on $81-M Bangladesh bank heist, Day 6
Watch the recording of the 6th Senate hearing on the money laundering scandal on Tuesday April 19 at 10:30 am
BSP eyes bigger fines for banks violating anti-money laundering law
For Senator Sergio Osmeña III the RCBC money laundering issue is just the tip of the iceberg
BIR investigates PhilRem for possible tax evasion
Senator Teofisto TG Guingona III says the committee is studying the possibility of holding PhilRem liable for contempt for the owners inconsistent testimonies
Senate blue ribbon chair to PhilRem chief: 'You're hiding something'
At the resumption of the Senate hearing on the Bangladesh bank heist Internal Revenue Commissioner Kim Henares says PhilRem clearly violated tax regulations
RCBC: SWIFT messages from Bangladesh Bank 'vague,' 'not urgent'
UPDATED The requests from the Bank of Bangladesh were not priority Some were even vague RCBC s Maria Cecilia Estavillo says
Bank heist probe: Questions, contradictions hound PhilRem
Money transfer services of PhilRem were used in the 81 million money laundering scam keeping the stolen funds out of sight and out of reach
WATCH: Senate hearing on $81-M Bangladesh bank heist, Day 5
Watch the recording of the 5th Senate hearing on the money laundering scandal
RCBC's Tan sues Deguito, seeks P32M in damages
RCBC president on leave Lorenzo Tan files charges against sacked branch manager Maia Santos Deguito over the Bangladesh Bank controversy
SWIFT on $81M bank heist: Our system wasn't breached
A SWIFT official says it is the responsibility of member banks to ensure there is nothing wrong in their payment transactions
BSP: Banks bear 'ultimate responsibility' in avoiding dirty money
Amid the 81M heist probe the Bangko Sentral ng Pilipinas orders banks to take extra caution
Turnover of Bangladesh's missing millions will 'take a little time'
5 46 million may have been returned by Kim Wong but the money is still not with the Bangladesh government
Bangladesh envoy dismayed, witnesses stonewalled at 4th Senate probe
At the end of the fourth Senate probe Bangladesh Ambassador to the Philippines John Gomes expresses disappointment on the state of the returned 4 63 million and P38 28 million funds by casino junket agent Kim Wong
Osmeña: $17M unaccounted money seems to be with PhilRem
Senators catch the owners of money transfer firm PhilRem contradicting their earlier testimonies on their transactions linked to the Bangladesh Bank fund heist
AMLC to file case to seize entire $81M laundered money
Asked if the casinos will contest the civil forfeiture case lawyers of Solaire and Midas say they have yet to explain options to clients
Senators note inconsistency in PhilRem's $81-M bank heist story
The oath is to tell the truth not just the partial truth Every hearing you give a different story Senator Bam Aquino tells PhilRem owners
WATCH: Senate hearing on $81-M Bangladesh bank heist, Day 4
Watch here the recording of the 4th Senate hearing on the money laundering scandal Tuesday April 5 at 10:30 am
Kim Wong returns another P38.28M to AMLC
The returned money comes from the stolen funds played in Eastern Hawaii Leisure Company Limited according to Kim Wong s legal counsel
SWIFT system and the $81-M money laundering issue
Behind many international money transfers is the SWIFT system — a messaging network used by banks and other financial institutions to securely and quickly send money transfer instructions
Not the first controversy for RCBC 'miracle man' Lorenzo V. Tan
UPDATED When he led the United Coconut Planters Bank the bank faced a civil case for padding the loan obligation of a client
6 things we know about RCBC money-laundering scam
Since the Anti Money Laundering Council started its probe into the heist on February 19 a lot has happened – from confessions to resignations
Bangladesh authorities head to PH to probe heist
Bangladesh Ambassador to the Philippines John Gomes hopes to recover the rest of the 81 million stolen from the country s central bank
Kim Wong returns $4.63M to AMLC
Kim Wong keeps his promise to return the money left in the junket operation to AMLC
William Go files 2 more forgery complaints vs Deguito, Torres
From all the evidence presented to the public the former RCBC Jupiter Makati branch officers are now caught in their web of lies William Go says
Casino junket operator gives new leads in Bangladesh bank heist
More leads surface as key witness Kim Wong faces the Senate steering authorities to the location of the stolen money and two alleged main players in the money laundering case
PhilRem, Kim Wong differ on missing $17-M Bangladesh Bank funds
UPDATED Wong also vehemently denies any link to the money laundering scandal telling senators he does not know where the 81 million came from
After RCBC mess, Roxas wants tougher anti-money laundering law
The presidential bet warns that if the situation is not addressed the Philippines might gain a reputation for being a money laundering center
$951M stolen money would have gone to RCBC
UPDATED The hackers plan was to order 35 transfers worth 951M to RCBC then to 5 accounts in the bank says Senator Guingona citing data from Bangladesh Bank
WATCH: Senate hearing on $81-M Bangladesh bank heist, Day 3
Watch the recording of the Senate hearing here
RCBC manager no-show at Senate probe, cites health
She has health problems in a situation full of stress and strain former senator Rene Saguisag the co counsel of Maia Santos Deguito tells the Senate blue ribbon committee
Ex-RCBC branch head Deguito seeks week-long rest from Senate probe
Maia Santos Deguito may not be able to attend the third Senate hearing on the Bangladesh Bank fund heist on March 29
Senate to 'close chapter' on William Go at 3rd hearing on stolen funds
At the resumption of the probe into the Bangladesh bank heist the Senate blue ribbon committee plans to unravel more leads that will steer them to the real culprit
RCBC chief goes on leave amid Bangladesh bank heist probe
UPDATED In a public apology the Yuchengco led bank says it will address any weaknesses in its controls and operations which may have facilitated the scheme
AMLC sues businessmen linked to Bangladesh Bank fund heist
Kim Wong has been tagged by Senator Serge Osmeña as a possible major player in the elaborately planned heist while Weikang Xu is a Chinese casino junket operator whose account was allegedly used for the scam
Limited power restricts AMLC actions in Bangladesh Bank heist
With no power to directly order freezing of accounts the Anti Money Laundering Council was unable to act swiftly on Bangladesh Bank s request
RCBC fires bank manager, ex-assistant; eyes sanctions vs others
Other branch and bank officials are expected to be meted out various sanctions ranging from termination to suspension in the coming days when the internal investigation is expected to be completed says RCBC
2 more criminal complaints against Deguito, Torres to be filed 'very soon'
The duo falsified the bank opening documents for the purported peso and dollar accounts of Go with RCBC Jupiter branch Ex S R owner William So Go s legal counsel says
Deguito: William Go wanted 10% of $81-M dirty money
But Go s lawyer Ramon Esguerra denies this saying the RCBC branch manager was the one who offered the businessman P10 million to participate in the scheme
4 new names emerge at Senate probe into Bangladesh bank heist
The plot thickens as 4 new names surface at the Senate probe into the elaborately planned laundering of funds stolen from Bangladesh Bank
PhilRem to return over P10M profit to Bangladesh Bank
This is not just as a sign of apology but as symbol of a Filipino company willing to find justice Salud Bautista president of the money transfer firm tells senators
