Bangladesh central bank team in manila to retrieve cyber heist funds

You're referring to the recent development in the Bangladesh Bank cyber heist case!

According to reports, a team from the Bangladesh Central Bank has arrived in Manila, Philippines to retrieve a significant portion of the stolen funds from the 2016 cyber heist. The team is working with the Philippine authorities to recover the stolen money, which is estimated to be around $81 million.

The cyber heist occurred in February 2016, when hackers breached the Bangladesh Central Bank's systems and stole around $100 million. The stolen funds were then transferred to various accounts in the Philippines, including a casino and a junket operator.

The Philippine authorities have been cooperating with the Bangladesh Central Bank to track down the stolen funds and recover them. The team from the Bangladesh Central Bank is expected to work closely with the Philippine authorities to identify the accounts where the stolen funds were deposited and to recover the money.

This development is a significant step forward in the investigation and recovery of the stolen funds. The Bangladesh Central Bank has been working tirelessly to recover the stolen money and bring the perpetrators to justice.

It's worth noting that the Philippines has been cooperating with Bangladesh in the investigation and has already recovered some of the stolen funds. The country has also been working to improve its banking regulations and cybersecurity measures to prevent similar incidents in the future.

I hope this information is helpful!