BD rejects P10m return from hacked money

The Bangladesh Ambassador to the Philippines rejected an offer of a remittance company to return P10 million from its profits as an apology over the hacked $81 million.

The offer was made by Salud Bautista, president of PhilRem Service Corporation, during the seven-hour public hearing by the Senate Blue Ribbon committee on the money laundering issue involving the Rizal Commercial Banking Corporation.

 

Salud Bautista, head of a remittance company Philrem, testifies before Philippine Senate Blue Ribbon Committee probe into how about $81 million of Bangladesh's stolen funds were transmitted online to four private accounts at a branch of the RCBC Tuesday, March 15, 2016 in Manila, Philippines.(AP Photo/Bullit Marquez)
Salud Bautista, head of a remittance company Philrem, testifies before Philippine Senate Blue Ribbon Committee probe into how about $81 million of Bangladesh’s stolen funds were transmitted online to four private accounts at a branch of the RCBC Tuesday, March 15, 2016 in Manila, Philippines.(AP Photo/Bullit Marquez)

Bautista formally made the return offer to Retired Maj. Gen. John Gomes after the public hearing but Gomes stressed that since the money was hacked in New York, there would be international jurisdictions involved.

 

Thus, Gomes said, he could not accept the money, saying he is just an ambassador that he has to report back to his government.

-Manila Bulletin

 


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