MANILA – Malacañang has expressed support for all legal processes that aim to ensure the integrity of banking transactions in the Philippines, amid the investigation for the cyber theft of USD81 million from the central bank of Bangladesh.
“The government supports all legal processes that are observed to ensure the integrity of all banking and financial transactions in the Philippines,” Communications Secretary Herminio Coloma Jr. said in a statement on Tuesday.
“The Anti-Money Laundering Council has primary responsibility for determining if there has been violations of the Anti-Money Laundering Act,” he said, adding that the council then conveys its findings to the Department of Justice or to the Office of the Ombudsman, “which takes on the responsibility of assessing whether there is probable cause for the filing of charges.”
The Bangladesh Criminal Investigation Department reported on Monday that about 20 foreign citizens took part in the cyber theft.
Citing the ongoing investigation, the department declined to name the foreign nationals who stole USD81 million from Bangladesh’s account at the Federal Reserve Bank of New York. The amount ended up in the Philippines and was allegedly laundered in three casinos.