Philippines to Hold Banks `Accountable' for Role in Cyber Heist
- Theft of $81 Million of Bangladeshi reserves is under inquiry
- Banks remiss in duties will be held responsible, official says
Nestor Espenilla.
Photographer: Veejay Villafranca/BloombergThis article is for subscribers only.
The Philippines will hold accountable any bank or banker found responsible or remiss in their duties in the $81 million cyber heist of Bangladeshi foreign reserves that wound up in the Southeast Asian nation’s financial system, officials said.